Hedge Fund Eisler Sued by Ex-Trader It Fired After His Arrest for £2.5 Million

Eisler Capital was sued by an ex-trader it fired over a delay in disclosing his arrest during his short-lived employment at the hedge fund.

Bharat Garg is seeking about £2.5 million ($3.4 million) from Eisler in London alleging the hedge fund wrongfully dismissed him in December, according to court filings. Garg’s arrest in November over an allegation of a sexual nature was “not connected in any way with his employment” and the criminal investigation was dropped days after he lost the job, his lawyers said.