Damages Watch '14: You Wanna Play Hardball? Bank Of America Is Game: Lawyer
Nobody embarrasses Bank of America but Bank of America!
Sunny Tadjudin is seeking HK$28.3 million ($3.7 million) based on the average of 16.6 percent of her profit contribution, a percentage she received in bonuses for 2002 to 2004, attorney Graham Harris said yesterday at the Hong Kong High Court. Tadjudin, fired in August 2007 for alleged failings including poor communication, received lower bonuses than she deserved in 2005 and 2006 due to arbitrary performance reviews, her lawyer said. She got no bonus in 2007 despite generating 76 percent of the group’s $28.6 million in profits in the 30-month period, he said. “She was delivering profits,” Harris said. The bank’s “scandalous and unconscionable conduct,” breached implied terms of her employment contract, he said. “She was entitled to be paid bonuses which represented her profits.” [...]
“These are inflammatory issues whose purpose is to embarrass the bank and pressure us to pay her off, which we’re not going to do,” Huggins said.