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Breaking News Headlines: Ex-trader Kerviel Rebuffed by Paris Employment Tribunal

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July 04, 2013 AT 12:32 PM
A Paris employment tribunal rejected former Societe Generale trader Jerome Kerviel's plea for a new expert inquiry to help overturn his dismissal in France's biggest-ever trading scandal in 2008. In a separate criminal case, Kerviel is running out of options to escape conviction and a jail sentence upheld by an appeals court in October over $6.4 billion in losses that French bank SocGen said were the result of unauthorized trades by Kerviel.