Hedge-Fund Traders Fight BlueCrest's Michael Platt Over Bonuses

Traders are being sued after leaving Blue Crest, claiming they were forced out by Michael Platt's negative comments about their equity business. Blue Crest is seeking over $4 million, alleging the traders left after collecting bonuses, despite pledging to stay. The traders argue they left due to hints of business closure.

What was the reason given by the traders for leaving their positions?

• They were offered better positions elsewhere.

• They wanted to start their own business.

• They were not satisfied with their bonuses.

• They were forced to leave after criticism from Michael Platt.

How much is Blue Crest suing the traders for?

• $3 million

• $2 million

• More than $4 million

• $1 million

What is notable about the language used in the lawsuit?

• It is very concise and to the point.

• It is written in legal jargon.

• It includes a lot of colorful language.

• It is very formal and technical.

What did the traders allegedly do after receiving their bonuses?

• They reinvested in the company.

• They left the company.

• They started a new project.

• They donated to charity.

What did the traders believe about Michael Platt's intentions?

• He was indifferent to their business.

• He wanted to promote them.

• He was going to close their business.

• He was planning to expand their business.