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

Firm sued for £1m

Valeria Martinez
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

Premier Miton's positive summer flows reverse as Autumn Budget jitters drive £133m outflow

Premier Miton's positive summer flows reverse as Autumn Budget jitters drive £133m outflow

Market gains boost AUM to £10.7bn

Sorin-Andrei Dojan
clock 11 October 2024 • 2 min read
AI emerges as key priority for asset management CEOs

AI emerges as key priority for asset management CEOs

Ethical issues such as privacy and bias

Beth Brearley
clock 10 October 2024 • 1 min read
Rio Tinto agrees $6.7bn cash deal for Arcadium Lithium

Rio Tinto agrees $6.7bn cash deal for Arcadium Lithium

90% share price premium

Linus Uhlig
clock 10 October 2024 • 2 min read
Trustpilot