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.



In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...