Barclays
Capital Is Sued For Ordering Distasteful
Actions Bonus Reduction Scrutinized
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Oct 7 – Brian La Belle sued
Barclays Capital for, he says,
telling him to take
"distasteful" actions and
follow unwritten
rules.
On May 7, U.S. District
Court for the Southern
District of New York Chief
Magistrate Judge Gabriel W.
Gorenstein held a discovery
proceeding. Inner City Press
covered it.
A pending
request for the emails of
Peggy Campbell to be searched.
But Judge
Gorenstein called Ms. Campbell
a "passive actor" and said
that whatever relevant is in
her e-mail should also show up
in others' e-mail.
There was
discussion of how performance
evaluations are done in firms
like Barclays.
On October 7
another conference was held,
and Inner City Press again
covered it. During the
conference, Judge Gorenstein
questioned Barclays' citing to
DeLorenzo v. Spartan Sec.
Services as a basis to reduce
plaintiff's bonus amount. But
Judge Gorenstein then adhered
to his decision that the
reason for reducing the bonus
"is of insufficient relevant
to require production."
The case is La
Belle v. Barclays Capital
Inc., 19-cv-3800 (Oetken /
Gorenstein)
***
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