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Tag: claims

Ex-Bank of America exec claims wrongful termination, defamation and seeks at least $20 million

Ex-Bank of America exec claims wrongful termination, defamation and seeks at least $20 million

Finance
It began as an ordinary night for six Bank of America employees, who were out to celebrate the holidays. In mid-December, the members of the firm’s prime brokerage — a division that caters to hedge funds — had gathered at an intimate Lower East Side lounge called Et Al after leaving the team’s gift-exchange party around the corner. They danced, drank and mingled with the club’s dozens of other patrons. Within weeks, Omeed Malik, the most senior of the bank's employees at the impromptu event, left Bank of America. Soon after, media reports indicated the bank had investigated an accusation of inap...
Banks could have to pay out 'billions' more in PPI claims

Banks could have to pay out 'billions' more in PPI claims

Business
People who were not mis-sold PPI policies may be able to claim billions of pounds more in compensation, following a court ruling in Manchester.Christopher and Joanne Doran were awarded all the sales commission they paid plus interest for a policy, a total of £17,345.They are the first people to have all of their commission payments refunded for a legitimately sold policy.However anyone wanting to make similar claims would have to go to court.The commission is the money paid to firms who sold the policies to consumers on behalf of the insurers.Under the Financial Conduct Authority's existing guidelines, consumers who were sold their policies legitimately may still be entitled to claim back commission which is deemed excessive.This means that policy-h...
Mexico election: Leftist Obrador claims victory

Mexico election: Leftist Obrador claims victory

World
Leftist candidate Andres Manuel Lopez Obrador has won Mexico's presidential election with more than 50% of votes, according to an official quick. The former mayor of Mexico City winning between 53% and 53.8% of the vote, according to a projection by the National Electoral Institute, based on a sample of polling stations.It gave Ricardo Anaya of the conservative National Action Party (PAN) between 22.1% and 22.8%, Jose Antonio Meade of the ruling Institutional Revolutionary Party (PRI) between 15.7% and 16.3%, and independent candidate Jaime Rodriguez between 5.3% and 5.5%. 0:46 ...
Morgan Freeman apologises after sex harassment claims

Morgan Freeman apologises after sex harassment claims

Entertainment
US film star Morgan Freeman has apologised following allegations of sexual misconduct made by eight women and several other people.One production assistant accused Freeman of harassing her for months during filming of bank robbery comedy Going in Style, CNN reported.She said the 80-year-old touched her repeatedly, tried to lift her skirt and asked if she was wearing underwear.Freeman apologised to "anyone who felt uncomfortable or disrespected"."Anyone who knows me or has worked with me knows I am not someone who would intentionally offend or knowingly make anyone feel uneasy," he said in a statement.Making women feel uncomfortable was "never my intent", he said.He is the latest well-known Hollywood figure to be accused of sexual...
Anthony Martial could be tempted to leave Manchester United after World Cup snub, claims former France star David Ginola

Anthony Martial could be tempted to leave Manchester United after World Cup snub, claims former France star David Ginola

Sports
David Ginola believes Anthony Martial may be tempted to leave Manchester United after missing out on a place in France's World Cup squad.Martial's name did not feature when Didier Deschamps revealed his 23-man squad for Russia on Thursday, with the 22-year-old on the stand-by list instead despite starting in France's last friendly game in March. The forward's omission comes after a frustrating campaign for Manchester United. Martial was marginalised at Old Trafford following the arrival of Alexis Sanchez from Arsenal in January. Anthony Martial will not be pulling on a France shirt at the World Cup this summer He has been linked with a summer move away from the Premier League runners-up, with the likes of Chelsea and Juventus reportedly interested. Asked about Mart...