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Ex-SocGen trader Kerviel given 3 yrs in jail
October 24, 2012 / 11:55 AM / 5 years ago

Ex-SocGen trader Kerviel given 3 yrs in jail

PARIS, Oct 24 (Reuters) - Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison at a Paris court on Wednesday and ordered to repay his former employer 4.9 billion euros ($6.35 billion).

“The appeals court...upholds the ruling,” the judge told a standing Kerviel, adding that he would not go to jail immediately.

Kerviel’s lawyer said he was considering a further appeal against the sentence.

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