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JSE senior officer loses legal battle with entity

Wentworth Graham, Chief Regulatory Officer of the Jamaica Stock Exchange (JSE), has lost the first round in his legal battle with the entity. 

The Supreme Court on Thursday rejected an application by Mr. Graham who was seeking to block the Stock Exchange from proceeding with a disciplinary hearing against him.

Mr. Graham, who was sent on leave with pay in January this year, filed a lawsuit challenging the decision.
   
He has also taken his grouse to the Industrial Disputes Tribunal (IDT).
   
Queens Counsel Patrick Foster, who had argued against the application, told RJR News that apart from the injunction to stop a disciplinary hearing from taking place, a second injunction to have Mr. Graham resume his duties, having been sent on administrative leave, was also blocked. 
 
He said the Stock Exchange will proceed with its hearing against Mr. Graham.
   
The Stock Exchange sent Mr. Graham on administrative leave after accusing him of poor performance in some aspects of his job and poor interaction with staff.
 


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