Reuters - Judge dismisses top firm 'boys club' lawsuit


The claims did not belong in federal court.

Reuters reports that a federal judge in Manhattan on Tuesday dismissed a lawsuit by a fired Citigroup financial adviser who said the bank’s “culture of gender discrimination” made it clear that “the boys were in charge.”

U.S. District Judge Richard Sullivan said most of Erin Daly’s claims over the alleged bias and harassment she faced in her seven years at the New York-based bank did not belong in federal court because she had agreed to arbitrate them.

He also said Daly waited too long to accuse Citigroup of firing her in retaliation for reporting her boss’s alleged violations of rules to prevent insider trading, by demanding nonpublic details about stock offerings that he wanted to pass to favoured clients.

Hit the link below to access the complete Reuters article:

Lawsuit claiming Citigroup ran 'boys club' dismissed by U.S. judge

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