Evershed and Henderson settle out of court

Patrick Evershed has settled his employment tribunal action against Henderson Global Investors.

Patrick Evershed
Patrick Evershed

The action related to his time at New Star Asset Management, where Evershed was a fund manager.

A statement from Henderson says: “New Star Asset Management Holdings Limited (now owned by Henderson Group plc) and Patrick Evershed have reached an agreement which resolves the Employment Tribunal proceedings without admission of liability.

“Both parties are satisfied with the terms of the agreement and have agreed to keep them confidential. No further comment will be made.”

To receive more relevant articles like this one, why not sign up to our briefings and breaking alerts by clicking here.