Hedge Fund Adviser Hit With Sexual Harrassment Lawsuit

May 4 2010 | 3:02pm ET

A New York investment adviser has been accused of sexually harassing a 20-year-old employee.

According to Karen Lo, Thomas Guerriero, an adviser to hedge funds and high-net-worth individuals made sexual advances toward her through e-mails and text messages. In one incident, Lo, a student at the State University of New York at Stony Brook, says he sent her a video of a man—Lo believes it is Guerriero—masturbating.

Even after she told Guerriero she was interested in a purely professional relationship, the sexually explicit messages continued, she alleges in a lawsuit filed in Manhattan federal court.

Lo quit Guerriero Wealth Holdings in February, after only five months on the job as a stock broker, HedgeFund.net reports.

According to her lawyer, Lo is seeking millions in punitive damages.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…