sexual harassment News

Over 350 People Contact Law Firm Reviewing FDIC Workplace Culture

More than 350 people have contacted an outside law firm reviewing workplace culture at the U.S. Federal Deposit Insurance Corporation in the wake of media reporting last year on allegations of persistent sexual harassment, top agency officials said on Thursday. …

Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain

Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other non-financial misconduct cases they have recorded since 2021 and how they have dealt with them. The Financial Conduct Authority …

SpaceX Accused of Sexual Harassment as Fight With Ex-Employees Intensifies

Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former employees allege in California civil rights complaints viewed by Bloomberg. The California-based workers, who were fired in 2022 after circulating …

U.S. Finds Ex-Gov. Cuomo Sexually Harassed Employees, Outlines New York Reforms

The U.S. Justice Department concluded former New York Gov. Andrew Cuomo sexually harassed more than a dozen state employees, according to a settlement announced Friday that confirmed allegations from the damaging misconduct probe that led to the Democrat’s resignation. The …

Texas Car Dealership Faces Lawsuit for Sexual Harassment and Retaliation

South Austin Nissan, a car dealership in Austin, Texas, operated by NICPA Central Auto Group, LLC, subjected female employees to sexual harassment and retaliated against employees when they reported the harassment the U.S. Equal Employment Opportunity Commission (EEOC) charged in …

California Emergency Services Official Sued for Sexual Harassment, Retaliation

A lawsuit accused a deputy director of the California Governor’s Office of Emergency Services of sexual harassment and retaliation against a senior employee while the agency did nothing to stop it. Ryan Buras, an appointee of Gov. Gavin Newsom, harassed …

Women in Finance Criticize City of London’s ‘Tokenistic’ Diversity Efforts

Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,” and lacking the “teeth” to make a change in an industry where misogynistic attitudes linger. The summary of a private …

California Man Gets Prison for False Sex Assault Claims in $100M Suit Against Hollywood Executives

A California man was sentenced to four years in prison for seeking to win a $100 million lawsuit by making false sexual assault claims against Hollywood executives. Rovier Carrington, 34, of Los Angeles was sentenced in Manhattan federal court after …

Citi Suit Raises #MeToo Claims at Wall Street’s Top Levels

Ardith Lindsey’s lawsuit accusing Citigroup Inc. of tolerating years of sexual harassment and assault against her struck a chord across Wall Street for many reasons, not least of which was her title: managing director. It’s typically the most senior rank …

Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce

As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …