Ex-SocGen Salesman Sues Bank Over Whistleblowing Claims

  • Sebastien Guedj has a Nov. 7 hearing at a London court
  • Guedj claims he blew the whistle before he was dismissed

A former equity derivatives salesman at Societe Generale SA sued the lender, claiming he was treated unfairly and then dismissed for blowing the whistle on misconduct.

Sebastien Guedj, who joined the bank in 2003, has a hearing at a London employment tribunal Nov. 7. He declined to immediately comment when contacted by phone Wednesday.

Dozens of bankers have come to London employment tribunals in recent months in the wake of scandals that have rocked the financial industry. Compensation at these courts is capped at about 80,000 pounds ($98,000) unless claimants can prove they were victims of discrimination or were let go for whistle-blowing.

No other details of the lawsuit were available. A Societe Generale spokesman declined to comment.

— With assistance by Donal Griffin

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