Ex-SAC Trader Alleges Sexual Assault

Oct 15 2007 | 2:10pm ET

A former SAC Capital trader who alleges he was forced to take estrogen pills by his boss has added an explosive new allegation, one his lawyer says is backed up by “scientific evidence.”

Andrew Tong now alleges that he was sexually assaulted at his workplace and his lawyer, Gerry Filippatos, said that Tong has “scientific evidence to corroborate the traumatic events that form the basis of his claims,” including “medical reports,” according to the New York Post.

Filippatos would not elaborate on the assault claim, so it is unclear whether Ping Jiang, who Tong accuses of forcing him to take black-market female hormone pills and wear women’s clothing in an effort to “feminize” his trading habits, is the person accused of the sexual assault.

Tong has claimed that he and Jiang had sexual relations. SAC has denied all of his allegations.

RELATED ARTICLES:

 


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note