Ardith Lindsey suing Citigroup slams firm’s investigations unit as ‘internal hit squad’
A Citigroup executive has accused the bank’s investigations unit of being an “HR internal hit squad” in response to her sexual harassment claims. Ardith Lindsey, in an interview with the Financial Times, alleged that Citi Security and Investigative Services twisted her statements after she reported threats from a supervisor. Current and former employees have raised similar concerns about retaliation or forced exits following CSIS probes.
Citi defended its approach to investigating misconduct claims, stating that it takes such concerns seriously and handles them with professionalism and integrity. Lindsey’s lawsuit against Citi highlights a culture of sexual harassment and gender discrimination in the equities division, shedding light on Wall Street’s #MeToo reckoning. She detailed years of abuse from her former boss, Mani Singh, who allegedly made threats and engaged in volatile behavior.
The saga has drawn attention to Citi’s workplace environment, with employees describing being grilled by CSIS on sensitive issues like discrimination and assault. Lindsey’s statements were used by Citi to defend itself, claiming she described the relationship as consensual. The lawsuit has prompted a company-wide memo urging all staff to speak up against discrimination and harassment.
In a separate lawsuit, a former managing director accused top executive Andy Sieg of sexual harassment, leading to her forced exit from the company. Citi and Sieg denied the allegations, with the bank stating that the lawsuit has no merit. Citi, led by CEO Jane Fraser, is undergoing a transformation to boost profits and create a high-performance environment under her leadership. To preserve the original HTML tags, images, HTML header, and key points when integrating the content into a WordPress platform, you can follow these steps:
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