Doug Haynes

A female staffer at Point72, billionaire Steve Cohen’s investment firm, filed a lawsuit alleging widespread discrimination of women.
Two senior men targeted in the lawsuit, Doug Haynes and Mark Herr, have for years pushed the narrative that Point72 is a welcome place for women. Haynes presented at an all-women’s networking group, for instance, with Herr in attendance.
These public appearances occurred in the lead-up to the firm’s eventual opening up again to outside money as part of the firm’s rebrand.
In 2017, Haynes had the word “pussy” written across a whiteboard in his office for weeks, according to the suit. He also called a former female exec “a dumb blonde” and “routinely and brazenly disparaged her weight,” the suit said.
“The Firm emphatically denies these allegations and will defend itself in a more appropriate venue than the media,” a spokesman for Point72 said. “We stand by our record of hiring and developing women.”

A female employee at Point72 Asset Management, billionaire Steve Cohen’s investment firm, on Monday filed a lawsuit claiming widespread discrimination against women.

The lawsuit describes a culture in which women are vastly underpaid compared to men, judged by their physical appearance and refused entry to all-male meetings. The suit, filed by Lauren Bonner, …read more

Source:: Businessinsider – Finance


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