Hedgie claims misogyny accusations made him ‘unemployable’

Discussion in 'Wall St. News' started by dealmaker, Jul 4, 2019.

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    dealmaker

    Hedgie claims misogyny accusations made him ‘unemployable’
    By Carleton English and Priscilla DeGregory

    July 3, 2019 | 6:20pm


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    The ex-president accused of fostering a misogynistic boys’ club at Steven Cohen’s Point72 hedge fund filed a defamation lawsuit Wednesday against the worker who sued him and the company.

    Douglas Haynes — who left Point72 a month after the lawsuit was filed — claims he hasn’t been able to find a job since associate director Lauren Bonner filed her suit in February 2018.

    The former hedgie claims he has been rendered “unemployable” and that the claims against him have caused “tremendous personal humiliation and emotional distress.”

    Bonner said that Haynes kept the word “pussy” scrawled on a white board for weeks, called one female exec “a dumb blond,” and made another woman draft a PowerPoint presentation less than 48 hours after she gave birth, according to the lawsuit.

    Point72 was created by Cohen, a billionaire art collector, after his former firm, SAC Capital, pleaded guilty to securities fraud.

    Haynes’ suit — filed in Manhattan Supreme Court — says it’s all false and he has been “caught in the cross-hairs” as Bonner and her lawyers “engaged in a media blitz of story-telling and lies.”

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    Bonner’s allegedly defamatory statements, including those made to The New Yorker, CNBC and CNN, “induce an evil opinion of him in the minds of right-thinking persons,” court papers assert.

    Bonner’s law firm, Wigdor Law LLP, has also been named as a defendant in Haynes’ lawsuit because links to Bonner’s interviews appear on various social media sites controlled by the firm, which refuses to remove them, Haynes claimed.

    The former hedgie is asking the court to force Bonner and Wigdor to stop making statements about him and to remove any existing statements from Web sites they own. He is also seeking financial awards.

    Wigdor dismissed the lawsuit as a “blatant and obvious attempt to retaliate and punish a legitimate victim of gender discrimination.”

    “We will hold Doug Haynes and anyone else involved in this retaliation, fully accountable,” Jeanne Christensen, partner at Wigdor, told The Post.