This file photo taken on December 2, 2014 at his Paris office shows French lawyer David Koubbi posing. French rogue trader Jerome Kerviel's case Koubbi gained a flaming reputation. / AFP / JOEL SAGET
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French "rogue trader" Jerome Kerviel will learn Friday whether he must repay Societe Generale the 4.9 billion euros ($5.5 billion) that he lost in a series of disastrous trades.If it rules Kerviel does not have to pay anything, it will be a humiliating defeat for Societe Generale.Even worse for the bank, the court could also order it to repay 2.2 billion euros in compensation it received from the French state over the case.Kerviel was convicted of breach of trust, forgery and entering false data for the trades which nearly bankrupted Societe Generale in 2008 .Although paid a relatively modest salary, Kerviel is alleged to have made Societe Generale 1.9 billion euros before the financial crisis accelerated his losses.
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