Fired Trader Seeks C$100M From Bank of Nova Scotia

Law360, New York (November 21, 2006, 12:00 AM EST) -- The former head of trading at Canada’s Scotia Capital, a subsidiary of the Bank of Nova Scotia, has sued his ex-employer for C$100 million in lost wages and damages.

David Berry, who headed up preferred trading at the subsidiary, said he had filed a wrongful dismissal suit in the Ontario Superior Court of Justice against the Bank of Nova Scotia, which fired him in June 2005.

“I always acted in the best interests of the bank, and I was a loyal and conscientious employee,” Berry said....
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