Bear Stearns Continues Appeal Against $164m Damages To FX Client

- By FX Markets Staff
- @FXMarkets_
- 08 Jan 2001

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

NEW YORK--US investment bank Bear Stearns says it will continue to appeal against a $164 million damages award to a former FX client, following a failed appeal at a US district court last week.

Currency speculator Henryk De Kwiatkowski was originally awarded $111.5 million in damages in May 2000 by a US district jury following his claim that Bear Stearns had not provided him with adequate FX trading advice. The amount was raised one month later to include $52.3 million in interest payments.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com