Ex-Nomos Exec. Failed To Repay Firm, Tribunal Hears

Dec 2 2009 | 4:07am ET

With their client having acknowledged some questionable behavior in a sexual-harassment lawsuit, Nomos Capital founder Mark Lowe’s defense team is turning to some allegedly questionable behavior on the part of the woman suing him.

The Central London Employment Tribunal heard evidence that Jordan Wimmer, the former Nomos investor relations executive who alleges the firm withheld nearly £500,000 in bonuses, was not much good at paying people, herself. Nick Headley, a director at the London-based hedge fund, testified that Wimmer stiffed him £10 he lent her for a cab ride home. He also said that her departure was triggered by her failure to repay Nomos the £65,000 it spent to cover her treatment for clinical depression.

“Given that in December we asked for these loans to be paid, I thought she had acknowledged that she was going to do that,” Headley said. “I had no reason to suggest that Jordan would do otherwise than to recognize that these amounts were still outstanding.”

When Wimmer did return to work in February after six weeks of treatment, she learned she would not be paid until she returned the £65,000.

Lowe’s son, Omar, testified that Wimmer “snapped” upon hearing that news.

“After she slammed the phone, she immediately started to pack a cardboard box with personal effects from her desk,” he said. “She didn’t insult my father, by she did say that Nick was a fucking liar and a fucking asshole who was jealous that she was earning more money than him.”

“She was ranting,” Lowe added. “It was very vile.”

Wimmer is seeking £4 million for sex discrimination, unlawful deduction of wages, unfair constructive dismissal and disability discrimination. And while Mark Lowe has acknowledged calling Wimmer a “dumb blonde” and “decorative,” as well as to sending employees some racy e-mails, he said the comments were merely jokes and not meant as insults. The hedge fund chief has denied Wimmer’s more serious claims that he was a regular user of prostitutes and a tax-evader, and that he tried to kill her.

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...