An international financial services provider is facing a substantial employment tribunal claim over a sacked employee, it has emerged today.
Cantor Index Ltd allegedly sacked Lewis Findlay, the former head of its spread-betting unit, in 2006 after he raised concerns over legal and financial irregularities, the Financial Times reports.
Mr Findlay allegedly made disclosures under the Public Interest Disclosure Act, which came into effect in 1999 and provides a framework of legal protection for employees who disclose information so as to expose malpractice, illegality and matters of similar concern.
The case, which started today (Monday January 14th) in the London Central Employment Tribunal and is due to last for five weeks, will centre on whether his departure was linked to the disclosures he allegedly made.
Cantor has already paid Mr Findlay £1 million to settle a separate breach of contract lawsuit he was pursuing at the High Court, although the organisation did not admit any liability.
Mr Findlay is represented by Russell Jones & Walker solicitor Paul Daniels.