Nomura, Japan’s largest brokerage, wrongfully dismissed an American managing director during a dispute over compensation for a product he invented while working for the company, the Tokyo District Court ruled.

Seth Friedman, who worked in Japan as Nomura's Asia Pacific head of electronic trading product management, according to his LinkedIn page, argued in a suit against Nomura that the company asked him to resign in an attempt to coerce him into relinquishing his right to compensation for the invention and later unilaterally dismissed him.