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Goldman Sachs’ Jason Lee Indicted on Rape Charge

Goldman Sachs Managing Director Jason Lee
Goldman Sachs Group Inc. Managing Director Jason Lee was arrested and charged with first-degree rape, arraigned in East Hampton Justice Court Aug. 21 and released after posting bail. Source: East Hampton Police via Bloomberg

(Updates with statement from defendant’s representative in sixth paragraph.)

By Chris Dolmetsch

Aug. 28 (Bloomberg) -- Goldman Sachs Group Inc. managing director Jason Lee was indicted by a grand jury on a rape charge stemming from the alleged assault on a 20-year-old woman at a Long Island, New York, home, court records show.

Lee, 37, was arrested and charged with first-degree rape on Aug. 21 in the town of East Hampton after police went to his Clover Leaf Lane vacation home and learned that a woman had been sexually assaulted inside the residence, where several people had gathered, according to a police statement.

A grand jury indicted Lee on three charges: one count of first-degree rape, which carries a maximum sentence of 25 years in prison, and two misdemeanor counts of assault and sexual misconduct, according to online state court records. Lee, who is free on $20,000 cash bail, is scheduled to be arraigned before Judge Barbara R. Kahn in Suffolk County Court in Riverhead on Sept. 20, court records show.

The police statement didn’t identify Lee’s employer. Lee, who lives in New York, is head of convertibles at Goldman Sachs and has been placed on leave, according to a person familiar with the matter who wasn’t authorized to speak publicly about a private personnel matter and asked not to be named.

Rented Home

Brian Desesa, an attorney representing Lee, said in an interview last week that the case is a “huge travesty” and an “injustice” and that Lee will be cleared of the charges “once the story comes out.”

“Mr. Lee adamantly denies these allegations,” Risa Heller, a spokeswoman for Lee, said in an e-mailed statement. “He is a very accomplished individual who has never been in trouble with the law. His wife supports him and he looks forward to clearing his name in court.”

The alleged assault occurred at a home of the defendant, police said. A description of a 4-bedroom, 3-bathroom 2,700-square-foot house on the street where Lee was arrested, posted on the website of Douglas Elliman Real Estate, said it was available from Aug. 1 until Labor Day for $33,000.

Lee, a graduate of the University of Pennsylvania, has been with Goldman Sachs since March 1998, according to the Financial Industry Regulatory Authority. He led “many of the firm’s most complicated financing and risk-management transactions for corporate clients” while managing convertible and equity derivative origination for financial, health-care and consumer companies, according to a biography posted on the website of a 2009 Milken Institute conference where he was a scheduled speaker.

Bond Dealers

According to the biography, he was the firm’s representative in 1999 at BrokerTec Global, a gathering of Treasury bond dealers, and helped create the first inter-dealer electronic futures exchange and clearinghouse.

The Suffolk County District Attorney’s Office didn’t immediately return a call seeking comment on the indictment and East Hampton police haven’t returned multiple messages seeking further comment on the case.

The case is New York v. Lee, 02053/2013, Suffolk County Court - Criminal Term.

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