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Browse: Home / 2014 / March / 20 / Court Upholds Prison Sentence for Rogue Trader Kerviel at Société Générale – WSJ.com

Court Upholds Prison Sentence for Rogue Trader Kerviel at Société Générale – WSJ.com

By Securities Docket on March 20, 2014, 9:06 am

France’s highest appeals court on Wednesday said former Société Générale trader Jérôme Kerviel must serve the three-year prison sentence handed to him for his wayward bets but it overturned an award of €4.9 billion ($6.37 billion) in civil damages that was to be paid to the bank.

via Court Upholds Prison Sentence for Rogue Trader Kerviel at Société Générale – WSJ.com

Posted in Criminal, Global, Top | Tagged France, Sentencing

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