A top rated government at a Wall Road hedge fund was fired after he impregnated a reduced-amount feminine subordinate and then lied about it — and also uncovered his genitals to other staff, according to a bombshell lawsuit.
William Christian, who was main functioning officer at GoldenTree Asset Administration from 2004 till 2020, also experienced his pants pulled down while meeting with employees confront to experience, according to an arbitrator who was hired to settle a dispute about fork out.
“Christian subjected personnel to in-particular person conferences and conversations although his trousers were being pulled down to his ankles,” according to testimony in courtroom papers.
The previous COO claimed that he had his pants all around his ankles since he “needed to ice his knees.”
According to courtroom paperwork obtained by Business enterprise Insider, Christian also made “disgusting sexual comments” and “frequent and gratuitous insults” to colleagues at the business.
The Put up has sought comment from Christian and GoldenTree Asset Management.
Christian also “showed at the very least 1 subordinate a photo of his uncovered genitals,” it was alleged.
He also “admitted turning on pornography at minimum briefly on a television in a lodge area total of GoldenTree employees.”
One assistant alleged that Christian requested her to buy biking gear for him on what seemed like a pornographic website web page.
“In sum, he made a hostile work ecosystem,” the arbitrator, Mike Segall, wrote.
Christian was also alleged to have falsified cost stories and mistreated assistants.
Soon after he was fired in 2020, Christian and GoldenTree went to arbitration soon after the company refused his demand from customers for a $5 million severance payout. Alternatively, GoldenTree required to claw back some $13 million.
Eventually, Segall awarded Christian $1.2 million, but the former government was not content with the ruling. He took GoldenTree to court in an energy to power the firm to fork out the stability.
In courtroom papers, the firm alleges that Christian flew the junior-degree feminine worker that he impregnated to Madrid, wherever he took her to dinner. It is alleged that Christian then billed the firm even however the excursion to Spain experienced no perform-similar purpose.
In total, Christian is alleged to have improperly expensed the company at the very least 15 instances for meals.
It was alleged that firm staff members knew about Christian’s connection with the subordinate, including her manager, who wished to discipline her but was prevented from undertaking so simply because of Christian’s far more senior posture.
GoldenTree, which was started by billionaire Steven Tananbaum, has $46 billion in property below its management.
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