A federal jury rejected claims by a former HSBC Holdings Plc securities unit executive that he was frozen out, then fired for reporting sexual harassment against a lower-ranking female employee (Picarella v. HSBC Securities, Inc., S.D.N.Y., 1:14-cv-04463, jury verdict 12/15/16.
Michael Picarella, a former HSBC senior vice president, lost a trial in which he had claimed that his boss, a woman, openly discussed sex in the workplace, once flashed a breast on the trading floor and pressured the employee to have sex with clients and bank officials. An HSBC lawyer told jurors in ...
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