Société Générale Kerviel's lawyer called for his client to be acquitted. The ruling was announced on October 5, 2010, at 11 am. Jérôme Kerviel was found guilty of the three charges filed against him: breach of trust, fraudulent inputting of data into an IT system and forgery and use of forged documents. He was found to be solely responsible for the record loss suffered by Société Générale in early 2008, and was sentenced to five years in prison, with two of those years suspended, and ordered to pay damages of 4.9 billion euros to the Bank. Jérôme Kerviel immediately launched an appeal
Brian Hunter (trader) request. In April 2011, the Federal Energy Regulatory Commission levied the expected $30 million penalty against Hunter, who has challenged the case in court. On March 15, 2013, a U.S. appeals court ruled that FERC acted outside its statutory mandate after all in imposing this fine, since it is the Commodity Futures Trading Commission that has authority over derivatives trading. Brian Hunter (trader) Brian Hunter (born c. 1974) is a Canadian former natural gas trader for the now closed Amaranth Advisors hedge fund. Amaranth had over $9 billion in assets but collapsed in 2006 after Hunter's gamble on natural gas