A junior trader at one of the world’s largest hedge funds, SAC Capital, is suing the company. Andrew Tong alleges that his boss Ping Jiang––the two men are 37 and 41 years old, respectively––forced him to take estrogen hormone pills and wear a dress to work. This was supposedly to feminize him and make him a better trader. Tong also alleges that he was sexually assaulted while at work. If this is the first you’ve heard of this affair, background can be found at the Wall St. tabloid DealBreaker.com.
A spokesperson for SAC Capital said that the charges against the company were “scurrilous” and “false”, and Tong never called the police regarding the alleged sexual assault. The Equal Employment Opportunity Commission is investigating, however, and Tong’s lawyer says that his client has medical documentation that he ingested estrogen.
