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Turquoise boss Lederman losses LSE battle

By Daily Mail Reporter
Updated: 05:10 EDT, 15 June 2011

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The former chief executive of the Turquoise trading platform has lost a legal battle against the London Stock Exchange over compensation he claimed he was due.

Eli Lederman was fired from his post at the share trading platform after the LSE bought a majority stake in Turquoise in February last year.

The LSE admitted in March that it had unfairly dismissed Lederman, entitling him to a maximum payout of roughly £70,000.

He had sought additional damages, but an employment tribunal dismissed his case.

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