Top Banker Fired for Indecent Proposals to Female Staff Loses €1 Million Payout [BNN Bloomberg (Canada)]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: BNN Bloomberg
million ($1.1 million) unfair-dismissal payout after France's top court ruled on the case. Franck Dargent was the Hong Kong-based head of global markets for Asia-Pacific at the time of his dismissal in 2017. He was awarded the payout in July 2022 when a lower tribunal characterized his behavior as inappropriate, rather than sexual harassment. The Cour de Cassation said last week that the lower tribunal reached the wrong conclusion, despite reviewing evidence that he sent “sexually charged” messages to several employees. It asked for a different panel to issue a fresh ruling based on its guidance. The top judges said the tribunal should have concluded “that such repeated comments or behavior of a sexual nature, creating an an intimidating or offensive situation, were likely to constitute sexual harassment and make it impossible for the employee to remain in the company.” They highlighted an instance where Dargent asked a temporary worker “why don't you come to my place tonight”
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