Davy must repay €260,000 in bonuses

THE High Court has ruled that Davy Stockbrokers should pay a former employee bonuses due to him.

Eamon Finnegan, who left Davys in 2000, claimed that the stockbroker withheld some of the bonuses he had due over the three years from 1997 to 1999.

Mr Finnegan joined Davy Stockbrokers in 1990 and worked as an equity research analyst before moving in 1995 to the equity dealing desk.