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Fired bond bigwig claims ‘scheming’ bank cheated him out of $15M payday
A Manhattan bond trader is fighting to keep alive a two-year-old battle against his former lawyers and accountants, alleging they “conspired” to keep him away from a $15 million payday. Drew Doscher — formerly of Seaport Global — was ousted from his job in 2013 after he discovered — and objected to — “multiple illegal trading schemes” at the investment bank, he claims in court papers. Seaport maintained “a secret backbook,” which it used to operate its own hedge fund to “illegally ‘front-run’ ” clients’ trades, Doscher claims in the filing — elaborating for the first time on why he was ... (full story)