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Tegwen S. Hunt v. HSBC Securities (USA) Inc. - 4/14/2004

Award Amount- $770,000.00

Case Summary: Tegwen Hunt, a sales-trader with HSBC in New York, claimed that HSBC defamed her and improperly interfered with a new job opportunity following her departure from the firm. That interference led to a retraction of the job offer. Following a five-day arbitration hearing at the New York Stock Exchange, an arbitration panel awarded Ms. Hunt $770,000.00 in compensatory damages in recognition of the serious harm HSBC had caused to her career and assessed all of the arbitrators' costs, totaling $9,900.00, against HSBC.

Lawyer(s):
Ethan A. Brecher

Web Info(URL) www.nyse.com/pdfs/2002-009795.pdf