Woman Awarded $18M in Sexual Harassment Suit Against Wall Street Boss

No doubt that the CEO made some pretty terrible decisions, and surely he deserves some punishment for stalking and threats...but $18 million? Probably a small dent for his part, but the lady is set for life.

From ABC news: (Link inside the post)

Woman Gets $18M in Sex Harassment Suit Against Wall Street Boss

A young Swedish woman who sued her former Wall Street executive boss over lurid allegations of sexual conquest, betrayal and stalking was awarded $18 million by a federal jury Monday.

Hanna Bouveng, 25, accused Benjamin Wey in an $850 million lawsuit of using his power as owner of New York Global Group to coerce her into four sexual encounters before firing her after discovering she had a boyfriend.

The jury in federal court in Manhattan awarded her $2 million in compensatory damages plus $16 million in punitive damages on sexual harassment, retaliation and defamation claims. It rejected a claim of assault and battery.

Bouveng, who was raised in Vetlanda, Sweden, testified that soon after Wey hired her at New York Global Group, the CEO began a relentless quest to have sex with her. She says he fired her six months later after she refused any more sexual contact and he found a man in her bed in the apartment he helped finance.

Wey, 43, also sought to defame Bouveng by posting articles on his blog accusing her of being a "street walker," a "loose woman" and an extortionist, her lawyers say.

Wey walked into a Stockholm cafe in April 2014 where she was working a few months after she was fired from Global Group, attorney David Ratner told jurors. "The message was: 'Wherever you are, whatever you are doing, I am going to find you and I am going to get you," Ratner said.

http://abcnews.go.com/US/wireStory/swedish-woman-2m-sex-harassment-suit…

51 Comments
 
  1. She is ugly and I wouldn't do her unless she paid me
  2. What a surprise, the CEO looks like a loser, I guess millions doesn't buy you the swag of Sir Richard Branson.
  3. She sued for 850 Mil!? Good God the judge should've thrown the case out just for that frivolous sum
Array
 

The guy sounds and looks like a total tool: http://www.nyggroup.com/nygg-team/leadership/benjamin-wey/ You gotta really like yourself to put that long of a bio with two pics of yourself puffing your chest out on your website.

What he did was completely wrong but $18MM is ridiculous. Of course $850MM is probably much closer to what this lady is worth. I'm pretty sure she did a DCF on her future income using a -10% discount rate then added $849.9MM to it.

 

His bio is ridiculous, like, LinkedIn article ridiculous. I'm sure she isn't Miss Innocent and that he put the pressure on. With attitudes like that maybe they're the perfect match.

 
"Dingdong08"

The guy sounds and looks like a total tool: http://www.nyggroup.com/nygg-team/leadership/benja... You gotta really like yourself to put that long of a bio with two pics of yourself puffing your chest out on your website.

What he did was completely wrong but $18MM is ridiculous. Of course $850MM is probably much closer to what this lady is worth. I'm pretty sure she did a DCF on her future income using a -10% discount rate then added $849.9MM to it.

"I'm pretty sure she did a DCF on her future income using a -10% discount rate then added $849.9MM to it" This is the GOAT
 

"using his power as owner of New York Global Group to coerce her into four sexual encounters before firing her after discovering she had a boyfriend."

So she cheated on her bf or what?

"he found a man in her bed in the apartment he helped finance" .... "in the apartment he helped finance"... lol

Obviously she didn't say no to the apartment. She knew exactly what she was doing initially with the money/stuff she was getting from her boss. I doubt it was any coercion to get her to sleep with him, but rather simply he was buying her stuff and she was trading sex for it.

"Wey walked into a Stockholm cafe in April 2014 where she was working a few months after she was fired from Global Group"

If she couldn't get a job better than a waitress afterwards, that implies she wasn't qualified to begin with and was hired for other reasons.

The boss comes off as a serious loser and the girl isn't exactly some innocent snowflake victim in all of this.

 

lol. I didn't see that. I also like their "About" page:

"...supported by our CEO Benjamin Wey, a Wall Street financier and journalist, holder of two master’s degrees, a graduate of Columbia Business School and a recognized China expert, New York Global Group is managed by experienced and talented individuals that have the expertise, high-level private and public sector backgrounds, global network and sound judgment to address challenges for clients in China and work with clients to develop and implement practical winning strategies."

Anyone who calls themselves a financier and puts their schools and the "two masters" on the about page is a cheeseball. And probably isn't actually doing deals.

 

"BENJAMIN WEY, PUBLISHER, JOURNALIST, FINANCIER"

Cracks me up every time.

"The power of accurate observation is commonly called cynicism by those who have not got it." - George Bernard Shaw
 

BENJAMIN WEY’S LIFE PRINCIPLES: 1) “Important principles may, and must, be inflexible.” – Abraham Lincoln 2) “No publicity is bad publicity.” – Donald Trump 3) “Facts are stubborn things.” – John Adams 4) “YOLO” – You Only Live Once, Fight for Principles and Civil Justice, Never Give Up

Also, one of his life principles is YOLO...

"There's always money in the banana stand" - George Bluth Sr.
 

Fuck him. He got what he deserved. I just wish that I had the ability to sue for this reason. Why is it legitimate for a woman to sue for sexual harassment but not a man?

“Elections are a futures market for stolen property”
 

Does anyone not know he's a famous pump and dump guy / fraud? and I'm not talking about pump and dump in the bedroom sense (although it does apply here as well coincidentally!)

 

The guy is a horrible writer, considering he is apparently some renowned journalist. Here are some highlight quotes:

"... if there is a point to life, it is to be the best you possible."

"At the risk of sounding like a cliché, I, Benjamin Wey, am going to quote Confucius, who is credited with saying, 'Choose a job you love, and you will never have to work a day in your life.' "

"The two Steves (Jobs and Wozniak) created the Apple computer because they wanted their own computer"

 

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Quod dolorem totam qui ut. Velit quis quo quos aspernatur perferendis harum. Ut quod beatae voluptatem quisquam. Quaerat impedit sed eius id. Enim placeat deserunt placeat dolore aut officiis eveniet. Odio ut recusandae delectus id et quia ipsam ut.

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