Jérôme Kerviel upheld the October 2010 sentence to three years in prison with another two suspended, and ordered Kerviel to reimburse 4.9bn euros to Société Générale for its loss. In March 2014, a French high court upheld Kerviel's prison sentence but ruled he would not have to repay €4.9bn. On 7 June 2016, condemned Société Générale for unlawful firing of Jérôme Kerviel. Société Générale said it would appeal. In April 2008, following Kerviel's provisional release, he was hired by Lemaire Consultants & Associates, an information systems and computer security consulting firm. While awaiting a ruling on his legal appeal and still protesting
Oil futures drunk-trading incident being banned from trading by Financial Services Authority (FSA). Stephen Perkins, an employee of PVM Oil Futures since 1998, was a Brent Crude broker in the London-based company's international commodities futures division. As part of his duties, he traded in futures for clients; he was not allowed to trade using PVM's money. On 29 June 2009, after spending a weekend drinking heavily, Perkins returned to London from a company-sponsored golf weekend and continued drinking at around midday. Around this time, he made some trades, which he said were for a client. According to Perkins, later that day he suffered an