Citigroup Glorified Secretary Fired After Accusing Boss

A former Citigroup Inc. broker in New York sued the bank claiming she was reduced to a glorified secretary because of her gender and fired when she reported a superior for violating rules designed to prevent insider trading.

Erin Daly claims she lost the ability to make stock allocations among clients at Citi Private Bank. People with the power to distribute shares in initial public offerings were seen as extremely valuable by clients and by other employees, she said in a complaint filed Monday in Manhattan federal court.

When she questioned in an e-mail whether her authority was taken away because shes a woman, Daly said she was reprimanded by human resources and forced to apologize.

Daly, who said she worked for Citigroup from 2007 to 2014, said she was fired two weeks after reporting a supervisor who demanded she pass along protected inside information so he could be given to favored clients. Daly claimed the firm included false, negative information about her in a filing with the Financial Industry Regulatory Authority that will make it impossible for her to work in finance in the future.

We believe the claims alleged are without merit and intend to vigorously defend against them, Citigroup spokeswoman Danielle Romero-Apsilos said Monday in an e-mail.

Daly is seeking unspecified damages, including front pay and double her lost back pay.

The case is Daly v. Citigroup Inc., 16-cv-09183, U.S. District Court, Southern District of New York (Manhattan).

Read more: http://www.bloomberg.com//news/articles/2016-11-29/citigroup-glorified-secretary-fired-after-accusing-boss

Citigroup Glorified Secretary Fired After Accusing Boss

A previous Citigroup Inc. broker in New York took legal action against the bank declaring she was lowered to a glorified secretary due to the fact that of her gender and fired when she reported a remarkable for breaching guidelines created to avoid expert trading.

Erin Daly declares she lost the capability to make stock allowances amongst customers at Citi Private Bank. Individuals with the power to disperse shares in going publics were viewed as incredibly important by customers and by other staff members, she stated in a grievance submitted Monday in Manhattan federal court.

When she questioned in an e-mail whether her authority was eliminated since shes a lady, Daly stated she was reprimanded by personnels and required to ask forgiveness.

Daly, who stated she worked for Citigroup from 2007 to 2014, stated she was fired 2 weeks after reporting a manager who required she pass along secured details so he might be offered to preferred customers. Daly declared the company consisted of incorrect, unfavorable details about her in a filing with the Financial Industry Regulatory Authority that will make it difficult for her to operate in financing in the future.

We think the claims declared lack benefit and plan to intensely prevent them, Citigroup spokesperson Danielle Romero-Apsilos stated Monday in an email.

Daly is looking for undefined damages, consisting of front pay and double her lost back pay.

The case is Daly v. Citigroup Inc., 16-cv-09183, U.S. District Court, Southern District of New York (Manhattan).

Read more: http://www.bloomberg.com//news/articles/2016-11-29/citigroup-glorified-secretary-fired-after-accusing-boss