Hedge-Fund Trader Wins $5.4 Million UK Fight Over Denied Bonus

A London hedge-fund trader who was dragged into a market-abuse probe that rattled Wall Street won his legal fight for a multi-million dollar bonus withheld by his former firm Evolution Capital Management.

Robert Gagliardi claimed he was responsible for nearly all of the firm’s revenue but was wrongfully denied his performance bonus after it emerged he was caught up in a sprawling block-trading investigation by the US Department of Justice and Securities and Exchange Commission.