Citi Managing Director Accuses Ex-Bosses of Assault, Harassment - BBG
A female Citigroup Inc. equities managing director sued the bank, alleging that she endured “horrifying” sexual assault and harassment by superiors, including a senior executive who she claims threatened her and her children after she ended their relationship.
Ardith Lindsey filed suit against Citigroup Monday in federal court in Manhattan. She claimed that, despite cultivating a gender-inclusive public image, the bank knowingly tolerated a “locker room” environment on the trading floor in which women were ranked based on their appearance, openly discussed in terms of their sex appeal, pressured to go to strip clubs and excluded from professional opportunities.
Lindsey, who said she is on medical leave because of the alleged abuse, claims she was sexually assaulted by a former superior, Richard Evans, shortly after joining the bank in 2007. Much of her complaint focused on former managing director Mani Singh, who she said used his power at the bank to coerce her into a relationship. He was swiftly promoted at Citigroup despite a history of misconduct, according to the suit.
...........
The suit also describes Singh and other Citi executives frequently denigrating women, including ranking them by appearance. Lindsey claims Singh told her in a text, “You barely top 10 and that[’]s for a trading floor.” According to her suit, a desk head in 2017 used a book of first-year analysts’ headshots to rank them by “hotness.”
Citigroup and strip clubs?
Fugiat vel cumque pariatur laudantium. Rerum ad necessitatibus pariatur neque. Culpa laboriosam ut nobis et. Quia consequuntur corrupti ratione. Veniam mollitia est voluptatem occaecati ipsam deleniti in.
Libero ut voluptate voluptatem atque quia a dolore quia. Veniam sed distinctio qui rerum eos minima quod.
Quia non nihil dolore inventore magni omnis sunt. Et in totam qui ea sit eveniet. Consequatur facilis eos soluta aliquid quasi harum est. Molestias repellat et ducimus autem minima. Alias eum qui dolorem error consectetur omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...