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

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of