Goldman Sachs accused of 'culture of bullying' in High Court case - reports

Firm sued for £1m

clock • 2 min read

Goldman Sachs has been accused of creating a “culture of bullying” that led to staff to “sob” through meetings by a former recruitment director.

According to a report by The Telegraph, which cites documents filed in the High Court, Ian Dodd, who worked for the bank from 2018 to 2021, is suing the firm for £1m over claims that working at the bank caused him to have a mental breakdown. He claimed that Goldman employees frequently "express distress" by crying and that "sobbing through meetings" was common behaviour, and alleged there was a "culture of bullying" at the firm. Dodd, who is based in London, alleged language such as "take that as your first punch in the face" was used, while references to employees receiving a "slap" ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy

Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy

‘Uneconomic to operate’

clock 21 February 2024 • 1 min read
Jupiter forced to divest crypto ETP holding on compliance team demands

Jupiter forced to divest crypto ETP holding on compliance team demands

21Shares’ Ripple XRP ETP

clock 16 February 2024 • 1 min read
Meta dividend 'not enough to get traditional income investors excited'

Meta dividend 'not enough to get traditional income investors excited'

Out of 'exciting growth opportunities'

Eve Maddock-Jones
clock 15 February 2024 • 3 min read
Trustpilot