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Former Asia Global Finance Chair Jon Pratt Sues Barclays For $2.4 Million

Posted: Tue May 24, 2016 6:39 am
by kreslik.news

Jon Pratt, the former Asia Pacific Global Finance Chairman, is suing Barclays’ Asia Unit for HK$18.9 million ($2.4 million) for money that he was allegedly owed when he left the company.

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The claim, which was filed in Hong Kong’s labour tribunal last March, alleges that the money he is owed comprises of unvested deferred compensation from 2012 to 2015 of HK$11.7 million ($1.5 million) and a discretionary incentive award of HK$6.5 million ($837,000), according to the document.

The ... (read more)