Hedge Fund Eisler Sued by Ex-Trader It Fired After His Arrest

Eisler Capital was sued by an ex-trader it fired over a delay in disclosing his arrest during his short-lived employment at the hedge fund.

Bharat Garg is seeking about £2.5 million ($3.4 million) from Eisler in London alleging the hedge fund wrongfully dismissed him in December, according to court filings. Garg’s arrest in November over an allegation of a sexual nature was “not connected in any way with his employment” and the criminal investigation was dropped days after he lost the job, his lawyers said.

Eisler denied the allegations and counter sued Garg to claw back £768,982 that he was ...