Jefferies sued by investment banker alleging pregnancy bias


Jefferies Group was sued by a former female investment banker who accused it of stripping away her bonus and derailing her career because she became pregnant.

Reuters reports that in a lawsuit filed on Wednesday night in federal court in Manhattan, former Senior Vice President Shabari Nayak said Jefferies harbours "deep institutional biases" against women, reflected when two top bankers told her that her "priorities" needed to change after she had become pregnant with her first child.

Nayak said Jefferies' actions, including letting her internal complaints fall on "deaf ears," forced her to resign in March while on maternity leave.

She said that ended her 11-1/2-year investment banking stint, and left her industrial sector group with 32 men and no women as senior vice presidents or managing directors.

A spokesman for Jefferies had no immediate comment on Thursday.

To access the complete Reuters article hit the link below:

Investment banker sues Jefferies, alleges pregnancy bias

JPMorgan adds sukuk to emerging markets indices

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts