Thursday, 25 December 2014
Last updated 22 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.