Friday, 27 March 2015
Last updated 46 min ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…