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A senior exec is suing trading firm Vatic, saying it stiffed him on $1.5 million and blamed 'funding difficulties'

ANGELA WEISS / AFP via Getty Images

  • Vatic trading exec Rosen Kralev resigned and sued the quant trading firm over an unpaid $1.5M bonus.
  • The suit says Vatic's founder repeatedly blamed the missed payments on "funding difficulties."
  • It's the second suit in the past year alleging nonpayment and financial strain at Vatic.

A senior executive at quantitative trading firm Vatic Labs resigned last month and sued the company, alleging it failed to pay most of a contractually guaranteed $1.5 million bonus...

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