Former New Star fund manager Patrick Evershed is due to appear at the Court of Appeal today to defend a court ruling that his unfair dismissal case falls under whistleblowing laws.
Evershed claims to have been unfairly ousted from New Star after reporting the firm's founder John Duffield to human resources for staff bullying. New Star denies the allegations. If the whistleblowing ruling is upheld, Evershed is entitled to potentially unlimited damages from fund manager Henderson, which bought New Star for £115m last year. Henderson's appeal is the latest episode in the case which was first brought to court 18 months ago. It has not yet received a date to come to court, pending the outcome of the whistleblowing appeal. Duffield left New Star following the Hende...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes