Ex-Schroders Structured Fund Head Sues Over Whistle-Blower Claim

  • Thomas See has a closed-door hearing at a London court Monday
  • Company will defend the case ‘vigorously,’ spokeswoman says

Schroders Plc’s former head of structured fund management sued the asset manager, claiming he was unfairly dismissed after he blew the whistle on corporate misconduct.

Thomas See will have a closed-door hearing at a London employment court Monday, according to court records. The court didn’t disclose further details of See’s claim and his lawyers at Mishcon de Reya declined to immediately comment.

He left the asset manager in July as part of a restructuring, the company said at the time. He had been the manager of Schroders’ Maximiser fund.

"This is a case that we are defending vigorously," a Schroders spokeswoman said by e-mail.

Winnings at U.K. employment tribunals are capped at about 80,000 pounds ($99,000) unless claimants can prove they were victims of discrimination or abused for disclosing corporate misconduct.

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