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By Adele Redmond (May 18, 2022, 3:42 p.m. BST) – A wealth management firm does not have to pay millions of pounds in bonuses to an unfairly sacked director, as a London judge rules that a promise from its chief executive could not be invoked.

Bruce Carr QC, sitting as a High Court judge, on Monday dismissed claims by Colin Christie, an investment banker, against Canaccord Genuity Ltd. He said “subtle but significant” distinctions in the way the retention price was discussed suggested it had not been set in stone.

The employment tribunal had awarded Christie more than £82,500 ($102,200) after Canaccord – which acquired his former employer, Hawkpoint Partners…

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