Nomos Chief Fends Off Sex Discrimination Case

May 3 2010 | 12:06pm ET

A former Nomos Capital executive has lost her explosive sexual-harassment lawsuit against the hedge fund and its founder, Mark Lowe.

The Central London Employment Tribunal rejected Jordan Wimmer’s £4 million sex discrimination case, saying, “We did not find the claimant a persuasive witness.” Wimmer, a former investor relations executive at the London firm, accused Lowe and Nomos of sex discrimination, unlawful deduction of wages, unfair constructive dismissal and disability discrimination.

Wimmer told the tribunal that Lowe would bring prostitutes to firm meetings and forced her to go to strip clubs. She claimed to have been fired after spending six weeks at a private psychiatric unit to treat depression stemming from her treatment at Nomos, which included calling her a “dumb blonde.”

Wimmer also accused Lowe of calling U.S. President Barack Obama a “nigger” and of “invading her space,” and said she feared her boss might have her killed.

Lowe, who admitted to calling Wimmer a dumb blonde and “decorative,” but told the tribunal that they were “said entirely as a joke.”


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...