November 22, 2024
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Shocking Claims: Broker Accuses Citi Trader of Years of Sexual Harassment

Shocking Claims: Broker Accuses Citi Trader of Years of Sexual Harassment

In the high-stakes world of finance, where billions of dollars are in play, the lines between professionalism and personal boundaries often blur. Christine O’Reilly, a broker at TP ICAP, found herself embroiled in a harrowing ordeal of sexual harassment by a Citigroup trader named Benjamin Waters.

The distressing episode began with late-night messages, damaging rumors, and an unsettling attempt by Waters to follow O’Reilly into her hotel room. The culmination of these unwelcome advances led O’Reilly to block Waters on WhatsApp in 2023. However, what followed was not what she expected.

When O’Reilly’s supervisor discovered that she had blocked Waters, she was shockingly instructed to unblock him, essentially coercing her to tolerate sexual harassment to maintain her job. This disturbing turn of events paints a grim picture of the power dynamics at play within the financial industry.

The lawsuit filed by O’Reilly against TP ICAP, Citigroup, and her supervisor, Janie McCathie, sheds light on the exploitation of brokers by unethical traders from powerful financial institutions. The allegations reveal a distressing trend where lucrative order flows are used to extract inappropriate personal favors, creating a toxic environment for professionals like O’Reilly.

Key Points from the Lawsuit:

  • Between 2020 and 2023, Benjamin Waters allegedly made persistent unwanted advances towards O’Reilly, with full knowledge from Janie McCathie.
  • Screenshots included in the suit showcase explicit messages, inappropriate photo sharing, and invasive inquiries sent by Waters to O’Reilly.
  • Despite O’Reilly’s attempts to distance herself, Waters continued his harassment, eventually resulting in O’Reilly being scolded by her superiors for upsetting a client when she called out the behavior.

The shocking revelations from O’Reilly’s lawsuit underscore the urgent need for a cultural shift within the financial industry to combat sexual harassment and protect professionals from coercion and mistreatment.

As the legal battle unfolds, O’Reilly stands as a courageous voice against the systemic issues that have long plagued the industry. Her determination to seek justice serves as a reminder that no one should have to endure harassment to preserve their career.

Ending Note: O’Reilly’s story serves as a wake-up call for the financial world, urging stakeholders to prioritize respect, professionalism, and accountability in their professional relationships. It’s time to challenge the status quo and create a safer, more inclusive environment for all professionals.

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