{"id":7281,"date":"2008-03-11T00:00:00","date_gmt":"2008-03-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-under-record-attack-for-discrimination","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/hedge-fund-under-record-attack-for-discrimination.html","title":{"rendered":"Hedge Fund Under Record Attack For Discrimination"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.Net)- Gill Switalski, a city lawyer and head of legal affairs at F&amp;C Asset Management is&nbsp;talking to lawyers&nbsp;about a&nbsp;record compensation payout of &pound;13.4 million ($27 million).<\/p>\n<p>The mother of 2 special needs children had to leave her&nbsp;career after being subjected to 18 months of sexual discrimination and harassment, according to an employment tribunal.<\/p>\n<p>Switalski was previously named as one of the legal world&#8217;s &quot;Hot 100&quot; and must be paid compensation over her claims that she was undermined, undervalued, bullied and marginalised by the company, the tribunal said. Switalski sold her family&#8217;s &pound;3.4million ($6.8 million) home to help pay for her legal battle against the hedge fund manager.<\/p>\n<p>Switalski complained she was overlooked for management positions and sidelined in favour of her deputy on a project to buy a hedge fund. At the same time a male employee at the firm who also had children with special needs was allowed to take time off and work from home, her lawyers said. <\/p>\n<p>After Switalski&#8217;s mother died suddenly she was sent an email demanding her mother&#8217;s death certificate for the firm&#8217;s travel insurance claim, the tribunal in central London was told. <\/p>\n<p>A severe&nbsp;illness and 3 surgeries later, Switalski went on sick leave and never returned to the company, lodging formal complaints about bullying, harassment, intimidation, sex discrimination and victimisation. <\/p>\n<p>Her lawyers have put the cost of her psychiatric damage and loss of earnings, pension and career prospects at &pound;13.4 million ($27 million), which would be the biggest sex discrimination payout in Britain. <\/p>\n<p>F&amp;C, which currently manages &pound;102 billion ($205.8 billion), has lodged an appeal denying Switalski&#8217;s claims.<\/p>\n<p>Alex Akesson<br \/>Editor for HedgeCo.Net<br \/>Email: <a title=\"alex@hedgeco.net\" href=\"alex@hedgeco.net\" target=\"_self\">alex@hedgeco.net<\/a> <\/p>\n<p>HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on <a href=\"http:\/\/www.hedgeco.net\/news\/02\/news\/02\/news\/02\/news\/02\/news\/02\/news\/01\/\" target=\"_self\">www.hedgeco.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<br \/>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\/\" target=\"_self\">www.hedgefundlounge.com<\/a>, <a href=\"http:\/\/www.hedgefundtools.com\/\" target=\"_self\">www.hedgefundtools.com<\/a>, and <a href=\"http:\/\/www.hedgefundemployment.com\/\" target=\"_self\">www.hedgefundemployment.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.Net)- Gill Switalski, a city lawyer and head of legal affairs at F&amp;C Asset Management is&nbsp;talking to lawyers&nbsp;about a&nbsp;record compensation payout of &pound;13.4 million ($27 million). The mother of 2 special needs children had to leave her&nbsp;career [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7281","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7281"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7281\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}