Hedge Fund Chief Accused Of Sexual Harassment

Nov 10 2009 | 10:05am ET

A former hedge fund employee has made several explosive claims against her former boss, Nomos Capital chief Mark Lowe.

Jordan Wimmer, who worked at Nomos for five years, told the Central London Employment Tribunal that Lowe sexually harassed her, openly used prostitutes and forced her to go to strip clubs, the Daily Mail reports. She also claims he used a racial epithet to describe U.S. President Barack Obama.

Wimmer said Lowe brought prostitutes—she said he prefers Asians—to business meetings, and that she was forced to watch him get two explicit lap dances. Despite calling her a “dumb blonde” and saying he didn’t find her attractive, Wimmer said Lowe would still “invade her space.”

She also claims Lowe exclaimed that he couldn’t believe there was a “nigger in the White House” after Obama’s election last year.

Lowe has denied the allegations.

Wimmer is seeking £4 million in damages on claims of sex discrimination, unlawful deduction of wages, unfair constructive dismissal and disability discrimination. She said she was fired in February after spending six weeks at a private psychiatric unit to treat her depression.


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note