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High value payout in financial malpractice case

13 April 2010

We acted in the remedy hearing for a client, a Finance Director at a major marketing company and a trustee of the company's occupational pension scheme, who was dismissed after acting to block an attempt by the company's managing director to divert a six-figure death in service benefit to the company's trading account.
In a highly complex and hard-fought case we obtained what was at the time the maximum potential award for injured feelings, together with a rare award for aggravated damages. Both awards were then uplifted by 50%, the maximum allowed at the time to take into account the company's failure to follow the statutory grievance procedure.