Citi handling director implicates ex-bosses of attack, harassment

A female Citigroup equities handling director took legal action against the bank, declaring that she withstood “horrifying” sexual attack and harassment by superiors, consisting of a senior executive who she declares threatened her and her kids after she ended their relationship.

Ardith Lindsey submitted match versus Citigroup Monday in federal court in Manhattan. She declared that, regardless of cultivating a gender-inclusive public image, the bank purposefully endured a “locker room” environment on the trading flooring in which females were ranked based upon their look, honestly gone over in regards to their sexual magnetism, pressured to go to strip clubs and left out from expert chances.

Lindsey, who stated she is on medical leave due to the fact that of the supposed abuse, declares she was sexually attacked by a previous exceptional, Richard Evans, soon after signing up with the bank in 2007. Much of her problem concentrated on previous handling director Mani Singh, who she stated utilized his power at the bank to push her into a relationship. He was promptly promoted at Citigroup regardless of a history of misbehavior, according to the match.

She states she lastly chose to end their relationship in October 2022, after which he subjected her to an “onslaught of shocking abuse via hundreds of text messages and incessant phone calls.” Lindsey pointed out a number of these declared messages in her match, consisting of ones in which Singh supposedly informed her that her “world will be over,” that her kids’ “life will be ruined” which he prepared take her “down in comp. Hard.” 

‘Vile text’

Citigroup stated in an emailed declaration that it will protect itself versus Lindsey’s claims. It called Singh’s conduct, as declared in the match, “deplorable” however stated Lindsey explained him as “only a friend” a number of years ago when questioned about a “large financial transaction” in between them. The bank stated it instantly positioned Singh on leave after she reported the “vile text messages” and he resigned a couple of days later on, before an internal examination might be finished.

“Setting aside what we think are the merits of any individual claim, however, our values and expectations are clear — no one should ever be discriminated against or harassed in the workplace,” the bank stated. “Our colleagues should feel confident they can raise concerns about themselves or others without fear of retribution, and decisive action must be taken when unacceptable behavior takes place.”

Neither Singh, who was North America markets money equity execution services head before resigning in November 2022, nor Evans were called as accuseds in the match. Singh didn’t instantly react to e-mails and telephone call looking for remark and a demand travelled through an attorney representing him in an unassociated matter. Evans likewise didn’t instantly react to ask for remark through his LinkedIn page, his present work e-mail and individual e-mail.

Lindsey stated the attack by Evans, then Citigroup’s international head of program trading and electronic execution for Europe, Middle East and Africa, occurred after the bank’s 2007 vacation celebration. She claims Evans pressed her to avoid drinking and demanded strolling her home. After she let him upstairs to utilize her restroom, Lindsey states she dropped off to sleep however was awakened by Evans kissing her. 

Allowed to resign

Evans later on made other advances, Lindsey states, consisting of running a hand up her leg while pretending to connect his shoe. She states she reported his conduct to her supervisor however that the bank not did anything.

A Citigroup spokesperson stated the bank “has no record of a complaint made by Ms. Lindsey from that time” about Evans.

According to Lindsey’s match, Singh used down her preliminary resistance to participating in a relationship with excessive display screens of love however that he rapidly ended up being manipulative and violent. She declares he frequently threatened her with physical violence and likewise to utilize his more senior position to harm her profession. According to her match, Lindsey stayed with Singh for several years due to the fact that she hesitated of him.

Lindsey states Citigroup was required to act after she grumbled about Singh’s “deranged” texts. But she declares the bank covered his misbehavior, permitting him to resign, identifying his departure as completely his choice and stating Citigroup was “sorry to see him go.” 

The match likewise explains Singh and other Citi executives regularly denigrating females, consisting of ranking them by look. Lindsey claims Singh informed her in a text, “You barely top 10 and [t]hat[‘]s for a trading floor.” According to her match, a desk head in 2017 utilized a book of first-year experts’ headshots to rank them by “hotness.”

‘Boy’s club’

Singh and other Citigroup executives likewise supposedly regularly forced her to participate in strip club trips, Lindsey declares. Following among these supposed journeys, Lindsey declares a customer informed her he was frightened by the Citigroup executives’ habits.

“If you ever need a witness, I’ll be your witness,” she states the customer stated. She didn’t recognize the customer.

Despite dealing with a “boy’s club” environment, Lindsey states she accomplished success at Citigroup. According to her match, she was determined as a leading entertainer and appointed to manage a few of the bank’s most substantial accounts even as a junior staff member. She was promoted to handling director in 2021 and was informed she was under factor to consider to be future head of the money execution department. 

Lindsey is looking for undefined countervailing and compensatory damages, stating that the abuse she’s suffered has actually left her not able to work and experiencing distressing tension condition, significant depressive condition, generalized stress and anxiety condition, and significant neurocognitive condition. She stated the supposed abuse has actually caused a “24-point drop in IQ and an alarming decline in her memory, executive function, and attention span.”

She likewise stated in her match that she is benefiting from a 2022 federal law that revokes work contracts needing personal arbitration of sexual attack and harassment claims.

The case is Lindsey v. Citigroup Global Markets Inc., 23-cv-10166, United States District Court, Southern District of New York (Manhattan).


A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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