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Lawsuits/Arbitrations

Another Citi Lawsuit: 'Boys' Club' Disfavors Women

November 29, 2016

Erin Daly, a former Citigroup financial adviser on Monday filed a lawsuit accusing the bank of running a "boys' club" that favored men over women, treating her as a "glorified secretary," and firing her in retaliation for whistleblowing activity. Ms. Daly, a resident of Manhattan's Upper West Side said Citigroup let her go less than 2 weeks after she complained that her manager demanded inside information from her work on restricted stock offerings, so that he could pass it to favored clients.

 

Ms. Daly seeks double back pay, unpaid bonuses and punitive damages over the bank's alleged harassment, hostile work environment and unlawful retaliation. She also filed a complaint with the U.S. Equal Employment Opportunity Commission, and plans to add federal discrimination claims against Citigroup.