SoFi CEO Is Added to Ex-Employee's Suit Over Sexual Harassment
- CEO says company’s outside attorneys are investigating claims
- Former manager complains of firm’s ‘culture of male bravado’
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A former employee of Social Finance Inc. expanded a whistle-blower case he filed last month, alleging that the startup’s chief executive “fosters a sexually charged corporate culture that condones unlawful conduct” and deters victims from speaking out.
Michael Cagney, the chief executive officer of the San Francisco-based company known as SoFi, said Friday the company has engaged its outside attorneys to investigate and that “severe action will be taken” if allegations about sexual harassment at the firm are found to be true.