Odey Asset Management is closing its wealth business, the UK’s Financial Conduct Authority said, months after its founder Crispin Odey was accused of sexual misconduct. “We will work closely with the firm as it winds down, to ensure clients are …
Two of Crispin Odey’s alleged victims have filed a lawsuit against the hedge fund manager and his eponymous former firm. Two former employees have submitted a civil claim against Odey Asset Management and the 64-year-old former executive, according to Jill …
The U.S. Justice Department reports that it has reached a settlement with Baltimore County, Maryland for relief and compensation for female fire department employees subjected to sexual harassment. The settlement resolves the DOJ’s complaint alleging that the county, through the …
Crispin Odey has stepped back from an investment fund focused on the Lloyd’s of London insurance market in a sign of the fallout from sexual harassment allegations against the hedge fund founder spreading to his other holdings. Odey, 64, resigned …
Britain’s leading business lobby group set out a series of proposals Wednesday that it hopes can secure its future following a string of allegations of inappropriate behavior that led to the cancellation of membership subscriptions from some of the country’s …
The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as he acknowledged that the business group had failed to dismiss “abhorrent” employees who’d harmed their colleagues. Brian McBride wrote an …
Lawyers representing more than 40 former team employees are asking the NFL to make the sale of the Washington Commanders contingent on Dan Snyder not suing people who participated in various investigations. Attorneys Lisa Banks and Debra Katz made the …
A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff. BT Group Plc, …
When Rishi Sunak stepped up to the podium at the Vox venue in Birmingham in November, he had one mission: to convince business leaders to stay loyal after his predecessor unleashed economic mayhem. The UK prime minister was addressing the …
The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation into complaints of workplace misconduct at the leading business group. One of Britain’s best-known business organizations, the CBI said it …
