Former New Star fund manager Patrick Evershed can proceed with a lawsuit over claims he was bullied by company founder John Duffield, a London court said.
Bloomberg reports Evershed can pursue whistleblowing and unfair dismissal claims, a London appeals court ruled today. New Star had sought to dismiss the whistleblowing claim, which allows him to seek unlimited damages. Evershed wrote a letter to New Star's human resources department complaining of Duffield's conduct in October 2008. He was suspended by the fund's chief executive officer, Howard Covington, shortly after, Evershed said.. Duffield "has been most vile to most of the fund managers for several years and bullying us," Evershed said in the letter. "In particular he bullied me...
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