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Home / Business

First Republic Bank boss accused of pregnancy discrimination and harassment

By Alexis Carey
news.com.au·
14 Jan, 2020 03:53 AM2 mins to read

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The man is accused of making derogatory remarks against women and pregnancy discrimination. Photo / 123RF

The man is accused of making derogatory remarks against women and pregnancy discrimination. Photo / 123RF

A banking giant is facing a legal battle after a supervisor was accused of referring to women as "c**ts" in the workplace and discriminating against mothers.

High-profile US law firm Wigdor LLP has just filed a pregnancy discrimination and harassment charge against First Republic Bank on behalf of client Kate Raftery, who claims she was subjected to "a litany of discriminatory and harassing conduct" on the job.

Raftery, who joined the bank in 2013, alleges her treatment worsened after she became pregnant in 2017 and again in 2019.

In a legal document seen by news.com.au, it is alleged Raftery's supervisor, senior managing director Thomas Moore, made numerous discriminatory comments, including referring to women as "c**ts", claiming that women are "too emotional and dramatic", saying he "cannot afford to pay a pregnant woman while she is out on maternity leave" and referring to a colleague who had recently been pregnant as "too hormonal".

It is also alleged Moore used his "position of power" to extract personal loans from Raftery and other women totalling thousands of dollars when he experienced financial difficulties.

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Raftery also claims another managing director described her as being "knocked up" after she fell pregnant, and that her pay was cut several times after she returned from maternity leave.

And on one occasion, she was allegedly offered a "promotion" – that would involve a US$75,000 ($113,178) pay cut.

She claims she made official complaints against Moore that were effectively ignored by the company.

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Other comments allegedly made by Moore to Raftery include: "I don't know what you do all day", "You're not efficient" and "Get the f**k out of my office".

Before the legal documents were filed, Raftery contacted the bank's board to ask that it voluntarily waive its forced arbitration agreement, which would allow her to file her claims in court and have access to a trial by a jury, but her request was rejected.

"Unfortunately, First Republic has refused to waive its forced arbitration provision and seeks to deny Raftery her day in court," Wigdor LLP partner Michael J Willemin said in a statement.

"Apparently the bank has decided that it is more important to protect itself and the men who make money for the bank than Raftery and other women who are victims of unlawful discrimination and harassment.

"We hope that First Republic comes to its senses and changes its mind."

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