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
Jérôme Kerviel over three days of trading beginning 2008, a period after which the market experienced a large drop in equity indices, and losses attributed are estimated at (). The bank claimed Kerviel "had taken massive fraudulent directional positions in 2007 and 2008 far beyond his limited authority" and that the trades involved European stock index futures. Though bank officials say Kerviel apparently worked alone, skeptics question how unauthorized trading of this magnitude could go unnoticed. Kerviel's unassuming background and position have heightened the skepticism that he worked alone. Some analysts suggest that unauthorised trading of this scale may have gone unnoticed