Nightmare continues for boss who tried to avoid paying £4.5m bonus as he is ordered to pay more costs and denied an appeal by judge
A hedge fund boss who blocked star trader’s £4.5m bonus has been ordered to pay further costs to him for his ‘abusive’ counter claim. Robert Gagliardi delivered incredible profits for his firm, the Evolution Capital Group and company founder Michael Lerch. The trader made £52m ($70m) for the company in five months and was due £4.5m – but was eventually paid an ‘official bonus’ of zero dollars. Mr Gagliardi, who was known as ‘Gags’ was headhunted from a rival firm…











