Wednesday, 17 September 2014
Last updated 6 hours ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...