Two rival <-bsp-bb-link state=”{“bbHref”:”bbg://news/topics/QNT”,”_id”:”0000018b-aedc-db85-afab-aedc7b420000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>quant-bsp-bb-link> funds traded accusations of poaching, harassment and dishonesty at the start of an acrimonious <-bsp-bb-link state=”{“bbHref”:”bbg://news/topics/LONDON”,”_id”:”0000018b-aedc-db85-afab-aedc7b420001″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>London-bsp-bb-link> trial over a “highly paid” star trader and confidential trading information.
<-bsp-bb-link state=”{“bbHref”:”bbg://securities/0340289Z%20US%20Equity”,”_id”:”0000018b-aedc-db85-afab-aedc7b450000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Jump Trading Group-bsp-bb-link> accused its ex-employee, <-bsp-person state=”{“_id”:”0000018b-aedc-db85-afab-aedc7b450001″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Damien Couture-bsp-person>, of dishonesty and misleading the firm by working for <-bsp-bb-link state=”{“bbHref”:”bbg://securities/0283610D%20US%20Equity”,”_id”:”0000018b-aedc-db85-afab-aedc7b450002″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Verition Fund Management-bsp-bb-link> while he was on gardening leave. Jump asked a judge at the High Court to enforce a two year non-compete clause on Couture, including 12-months before he can work again, to “protect its business from any future similar attack,” its lawyers argued.
Jump “is using a claim in breach of …