Stimpson wins compensation, but less than the maximum
Judge rules in favour of Perry Stimpson in unfair dismissal case against Citi
Perry Stimpson, a former Citigroup trader fired during the investigations into foreign exchange trading and benchmark manipulation, has been awarded £58,774 ($84,500) by a London employment tribunal as compensation for his unfair dismissal.
Stimpson, who filed the lawsuit in August 2015, claiming he wanted to set the record straight and repair his reputation, won his unfair dismissal case in November.
He is the first ex-banker to be awarded monetary compensation amid a rising number of lawsuits
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