Former Wafra Real Estate Head Sues Over Age Discrimination
- Frank Lively was dismissed after claims of sexual harassment
- Lively describes claim as ‘manufactured basis’ for termination
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The former head of real estate at Wafra Investment Advisory Group Inc. sued the Kuwait-backed firm and its Chief Executive Officer Fawaz Al-Mubaraki claiming he was illegally fired because of his age.
Francis "Frank" Lively, 64, was ousted in the spring of 2018 after he was accused of sexual harassment and discrimination by Sabine Kraut, a vice president at the firm, according to a complaint filed in New York with the Equal Employment Opportunity Commission in June. Kraut sued Wafra and Lively in Manhattan federal court in November.