Queensgate settles employment lawsuit with former exec
Queensgate Investments has settled an employment lawsuit with a former senior executive who had been alleging racist, sexist and homophobic behaviour as well as breaches of fiduciary duty.
The settlement comes less than a week after a judge rejected a request by the private equity fund to keep elements of the case private.
The case was brought by Queensgate’s former head of acquisitions Jonathan Millet who, according to last week’s judgment, was made redundant in October.
Queensgate Investments has settled an employment lawsuit with a former senior executive who had been alleging racist, sexist and homophobic behaviour as well as breaches of fiduciary duty.
The settlement comes less than a week after a judge rejected a request by the private equity fund to keep elements of the case private.
The case was brought by Queensgate’s former head of acquisitions Jonathan Millet who, according to last week’s judgment, was made redundant in October.
According to the judgment, he alleged “harassment/discrimination relating to race, sex, religion or belief, sexual orientation” and also brought “a claim of victimisation and for an unlawful deduction from wages/breach of contract.”
“The allegations made in the claim involve allegedly sexist, racist and homophobic language used in the workplace,” the ruling said, as well as allegations of “breaches of fiduciary duty and serious misconduct, potentially amounting to fraud”.
Queensgate and Millet issued a joint statement saying the case has been settled.
“Following an independent investigation, Queensgate is absolutely certain that there has been no financial wrongdoing and no damage done to any personnel by the culture,” the statement said.
“Queensgate has self-reported to the FCA and both parties are satisfied to put this matter behind them.”
