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

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR