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SocGen lawyer Arnaud Chalut branded the ruling "scandalous" and
said his client would appeal against a decision he said ran
counter to the law.
Kerviel, 39, was sentenced to three years in jail after being
convicted by a Paris court in October 2010 for breach of trust
and fraud in the loss of 4.9 billion euros in equity derivatives
trades that went terribly wrong in 2008.
Kerviel has said his managers should have been aware of his
actions, something the bank has always strenuously denied.
His lawyer, David Koubbi, told Reuters the labor court decision
"restores justice and tears apart the story that Societe
Generale has presented from the beginning".
The ruling, handed down by a tribunal made up of equal numbers
of employer and trade union representatives, comes as Kerviel
faces a separate civil case due to start next week before an
appellate court about how much he has to pay the bank towards
the losses.
It seems bound to fuel controversy over the role of labor courts
after the Socialist government dropped an attempt this year to
limit by law the amount of damages they can award for wrongful
dismissal.
(Reporting by Sophie Louet, Chine Labbe and Julien Ponthus;
Writing by Leigh Thomas; Editing by Paul Taylor)
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