Former ICAP Plc broker Bruce Reid has reached a settlement with a lawyer who claimed for years that he was suing the firm for wrongful termination but never actually did.
Reid hired Michael Mui of New York’s Sack & Sack after he was fired in 2014 from a job on ICAP’s medium-term swaps desk that he said paid him more than $2 million a year. In disciplinary proceedings last year, Mui admitted that he lied to Reid repeatedly that he was making progress with his case, even though he never filed the complaint.
Last week, Reid, Mui, Sack & Sack ...
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