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Citi managing director details 'pervasive' sexual harassment in lawsuit
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Citi managing director details 'pervasive' sexual harassment in lawsuit
Apr 22, 2024 7:00 AM

NEW YORK, April 22 (Reuters) - A Citigroup ( C/PN )

managing director said the bank failed to protect her from a

supervisor's violent threats and abuse because of its

"pervasive" culture of sexual harassment and gender

discrimination, according to an amended legal filing on Monday.

Ardith Lindsey, who worked as Americas head of electronic

sales trading, added details to her November lawsuit outlining

threats from Mani Singh, once the bank's North America Markets

head of cash equity execution services. He resigned in November

2022.

Lindsey said that after she ended their relationship in

October 2022, Singh began five days of incessant phone calls and

expletive-laden text messages, such as "I am going to set you on

fire," and "Kids no kids I don't give a fuck plan to burn it

all down."

Lindsey said Singh subjected her to many years of

increasingly volatile abuse, sometimes fueled by alcohol or

drugs, including alleged threats to harm her and her family and

destroy her career if she resisted his advances.

The bank "chose to overlook numerous red flags about Singh's

conduct," Lindsey said. Instead, it "promoted him and, at the

same time, did not protect Lindsey and many other women."

Lindsey is on leave from the bank, she said.

In November, Citigroup ( C/PN ) said it would defend against

Lindsey's claims.

"No one should ever be discriminated against or harassed in

the workplace," the third-largest U.S. bank said at the time.

It called the conduct detailed in the original filing

"deplorable," but said the relationship described by Lindsey

differed significantly from her earlier account.

A lawyer who has represented Singh in separate litigation

did not respond to requests for comment in November.

Lindsey also alleged she was assaulted by a senior manager

who forcibly kissed her months after she joined the bank at age

24 in 2007.

"Citi, especially in the equities division, has been a

workplace where sexual harassment and gender discrimination are

rampant and egregious," Lindsey said in the amended complaint

which detailed additional allegations.

She alleged some male bankers would visit strip clubs, drink

excessively, make sexualized comments about female colleagues,

or use cocaine in the office.

Lindsey named several senior Citigroup ( C/PN ) executives who were

allegedly involved in discrimination or sexual harassment, and

cited job titles of others who were involved in sexual

relationships with direct reports or junior employees.

Unnamed female employees who raised their concerns with

managers and human resources faced retaliation or left the bank,

Lindsey said.

She also alleged that Citigroup ( C/PN ) did not respond to her

concerns until she filed the lawsuit, almost a year after she

reported Singh's text messages.

When a senior manager addressed her lawsuit with colleagues,

he tried to dismiss Lindsey and discredit her as causing

trouble, she said.

The bank's head of markets, Andy Morton, sent a memo asking

employees to speak up if they saw inappropriate behavior,

Reuters reported in November. The company also sent a survey to

women in the markets division asking about the workplace

environment, Lindsey said.

Lindsey's doctors have diagnosed her with post-traumatic

stress disorder, depression and memory loss that have rendered

her unable to work, according to the complaint.

The lawsuit comes after years of Wall Street banks trying to

diversify their ranks and shed their boys' club image.

Wells Fargo was accused of sex discrimination in a lawsuit

earlier this month by a bond saleswoman who said the bank denied

pay and promotions available to men and tolerated an

"unapologetically sexist" workplace.

Last year, Goldman Sachs agreed to pay $215 million to

settle a class action alleging widespread bias against women in

pay and promotions, ending one of the highest-profile lawsuits

claiming unequal treatment of women on Wall Street.

The case is Lindsey v Citigroup Global Markets Inc, U.S.

District Court, Southern District of New York, No. 23-10166.

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