'Pied piper' broker Tony Verrier banned from City for life
Thursday 17 May 2012
The "pied piper" broking chief who lured 10 of his colleagues away from the broker Tullett Prebon to a rival, BGC partners, has been banned from working in the City ever again.
Tony Verrier, the Financial Services Authority said, was "not a fit and proper person due to concerns over his honesty, integrity and reputation". Mr Verrier is appealing the case to the Upper Tribunal.
Tullett won its case against BGC for poaching in 2010 when the judge said: "I found that in evidence Mr Verrier stuck to the truth where he was able to but departed from it with equanimity and adroitness where the truth was inconvenient."
Mr Verrier was found in court to have "lost or disposed" of eight BlackBerry phones in 12 months, which were believed to have been used in recruiting his former colleagues.
The judge also concluded that he had destroyed vital emails and tried to hide evidence of clandestine dinners with the people he was trying to poach.
The Court of Appeal stated last year: "Mr Verrier was found [by the High Court] to have participated in an unlawful means conspiracy, the unlawful means including the inducement of the broker defendants to breach their contracts of employment with Tullett by leaving early without lawful justification."
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
iJobs Money & Business
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...
$125 - $225 per annum: Carlton Senior Appointments: San Fran - Investment Advi...
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...