Jefferies Group is once again in the news for sexual misconduct related activities, this time the organization finding itself as the target of a $5.4 million lawsuit alleging the investment bank treated female employees like “sex objects,” encouraging a “culture of discrimination” leading one female to resign from the firm. Jefferies client meetings allegedly featured women hired to suggestively entertain clients The discrimination lawsuit could have been a chapter in the book “Straight To Hell,” a first person account detailing alleged debauchery and misogyny in the banking culture. The former employee bringing the suit against Jefferies, Alaoui Belghiti, detailed acts of a sexual misconduct…
Jefferies Snared In Yet Another Sex Scandal
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.