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We've received your submission. Back to Reading May 10, 2023 1:35pm Updated May 10, 2023 1:44pm Today's Business Headlines More Videos 0 seconds of 56 secondsVolume 0% Press shift question mark to access a list of keyboard shortcuts Keyboard ShortcutsEnabledDisabled Play/PauseSPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Offc Fullscreen/Exit Fullscreenf Mute/Unmutem Decrease Caption Size- Increase Caption Size+ or = Seek %0-9 Next Up I have a giant 23-year-old hairball and I love to show it off 00:36 Settings OffEnglish Font Color undefined Font Opacity 100% Font Size 100% Font Family undefined Character Edge None Background Color Black Background Opacity 75% Window Color Black Window Opacity 0% Reset WhiteBlackRedGreenBlueYellowMagentaCyan 100%75%50%25% 200%175%150%125%100%75%50% ArialCourierGeorgiaImpactLucida ConsoleTahomaTimes New RomanTrebuchet MSVerdana NoneRaisedDepressedUniformDrop Shadow WhiteBlackRedGreenBlueYellowMagentaCyan 100%75%50%25%0% WhiteBlackRedGreenBlueYellowMagentaCyan 100%75%50%25%0% facebook twitter Email Linkhttps://nypost.com/2023/05/10/wells-fargo-vp-invited-subordinate-to-exercise-and-shower-with-him/ Copied Auto540p1080p720p540p360p270p180p Live 00:04 00:52 00:56 Ad in MORE ON: WELLS FARGO * WELLS FARGO PAYS $35M FINE FOR CHARGING EXCESSIVE ADVISORY FEES: SEC * US REGULATORS FINE WALL STREET FIRMS $549 MILLION IN LATEST TEXTING PROBE * JPMORGAN BEATS EXPECTATIONS WITH $14B PROFIT BOOSTED BY FIRST REPUBLIC ACQUISITION * LANDER: NYC BANKING COMMISSION FREEZING CITY DEPOSITS AT CAPITAL ONE AND KEYBANK FOR NOT PROVIDING ‘ANTI-DISCRIMINATION’ PLAN A former Wells Fargo executive gave unwanted massages to a female subordinate because she “looked tense,” invited her to his house to “exercise and shower with him” and threatened to deny her job opportunities if she didn’t date him, according to an explosive lawsuit. Former senior vice president Carl Nelson and Wells Fargo are named in a lawsuit filed in Los Angeles Superior Court on May 2 by an unidentified woman who was promoted to the position of vice president and senior portfolio manager in 2005, according to court filings. The woman alleged in court papers that Nelson, who according to the legal filing was “a superior” within the company and thus “had the authority to determine whether” she received sales calls, subjected her to “sexually explicit comments and inappropriate touching” beginning in 2016. “We take all allegations of misconduct very seriously,” a Wells Fargo spokesperson told The Post. “We just learned of the lawsuit [on Wednesday] and are reviewing it.” According to the court filing, two of the woman’s assistants who are said to have witnessed Nelson’s alleged behavior would walk into her office when they noticed Nelson was there in an attempt to “block Nelson’s touching.” The Post has sought comment from Nelson, who has since left Wells Fargo to take a position at UBS. Carl Nelson, a former senior vice president at Wells Fargo, was named in a sexual harassment and discrimination lawsuit filed in California court this week.UBS On one occasion in 2016, the woman brought her fiancé to the office for lunch. According to court papers, Nelson began referring to her fiancé as a “boy toy” before he “proceeded to ask [her] to have dinner and wine with him instead,” it was alleged. She alleged that the inappropriate behavior continued “even after reporting [it] to her immediate report and Human Resources,” according to court papers. “For years, Wells Fargo did close to nothing to investigate [the woman’s] complaints of sexual harassment,” according to the court filing. “Thus, Nelson’s inappropriate behavior continued.” Between 2018 and 2020, Nelson “used his authority and status to threaten” the woman “to see him outside of work,” according to the court filing. She alleged in court papers that Nelson “would tell [her] that he would not give her any sales opportunities…unless [she] went out with him.” The woman claimed in court documents that she complained about Nelson’s alleged behavior to her manager, Tim Smith. Smith, whose purported LinkedIn page lists him as a regional investment manager at Wells Fargo, allegedly told the woman to respond to Nelson’s alleged invitations to go out with him by telling Nelson that she “only works during business hours,” according to the court filing. Smith was not immediately available for comment. He did not respond to a request sent to his purported LinkedIn page. The woman alleged in the court filing that she “asked Smith to remove her from all business accounts associated with Nelson” because she “could no longer bear the thought of working” with him. A former Wells Fargo employee has alleged that the bank failed to address her complaints of sexual harassment by a superior.REUTERS But Smith allegedly refused to do so, “thus forcing [her] to continue working with Nelson,” court papers alleged. Smith is also alleged to have subjected the woman to sexist insults, telling her “You yell too much” or “You speak too loud,” according to court documents. In October 2020, the woman alleged that she was laid off by the company “because of COVID-19.” But the lawsuit alleged that the bank laid her off by using the pandemic as a “pretext,” according to court papers. “There is a seemingly entrenched apathetic culture at Wells Fargo wherein men in positions of power are left undeterred so long as they produce money for the bank,” the woman’s attorney, Ron Zambrano, told The Post. 11 What do you think? Post a comment. Zambrano added: “Wells Fargo should have done much more to not only stop this conduct, but to prevent it from going forward. Enough is enough.” Zambrano is also representing a former Wells Fargo employee who alleged that she was drugged and raped by Eric R. Pagel, a senior investment strategist at the bank, in a Bakersfield, Calif. hotel room in late January 2020. Pagel has not responded to the allegations. SHARE THIS ARTICLE: * Facebook * Twitter * Flipboard * WhatsApp * Email * Copy * * 1111 Comments Filed under * lawsuit * lawsuits * sexual harassment * wells fargo * 5/10/23 Read Next Microsoft not giving raises to employees this year: report WHAT TO SHOP NOW * THE 15 BEST EARLY AMAZON LABOR DAY SALES OF 2023, FROM KITCHEN TO TECH * UP TO $200 OFF ON VACUUMS AND MORE DURING DYSON'S LABOR DAY SALE * 11 BEST EARLY LABOR DAY TV SALES 2023: SHOP SAVINGS FROM AMAZON, WALMART, MORE * LOWE'S LABOR DAY SALE OF 2023: SAVE ON APPLIANCES AND MORE * BEST LABOR DAY MATTRESS AND BEDDING SALES 2023: SAVE BIG ON 11 SLEEP DEALS, FROM CASPER TO NECTAR COLUMNISTS * STEVE CUOZZO LUXURY BRANDS VERA WANG, FRATO BRING NEW ENERGY TO EAST MIDTOWN'S 500 PARK AVE. * CHARLES GASPARINO MONEY TRAIL CAN EXPOSE BIDEN FAMILY COVERUP * JENNIFER GOULD CHINATOWN CHEFS, RESTAURANTS DEMAND THAT NYC SCRAP PLANS FOR WORLD'S TALLEST JAIL SEE ALL COLUMNISTS TRENDING NOW IN BUSINESS * This story has been shared 20,933 times. 20,933 BIDEN ADMIN'S LATEST HOME APPLIANCE CRACKDOWN: CEILING FANS * This story has been shared 19,960 times. 19,960 NIKKI HALEY BUILT $8M FORTUNE AFTER LEAVING TRUMP ADMINISTRATION: REPORT * This story has been shared 8,045 times. 8,045 ONLYFANS OWNER PAYS HIMSELF $1.3M A DAY FROM ADULT-CONTENT SITE NOW ON PAGE SIX * KYLIE JENNER PLANNING ‘QUIET LUX’ BRAND TO UPEND FASHION — AND CHALLENGE KIM * KEVIN HART ‘CRIED IN THE CAR’ AS HIS DAUGHTER HEAVEN, 18, LEFT FOR COLLEGE: ‘THE WORLD IS YOURS’ * SANDRA BULLOCK ‘GRATEFUL’ FOR SUPPORT AFTER ‘HEARTBREAKING’ DEATH OF LONGTIME PARTNER BRYAN RANDALL: REPORT See All VIDEO * PANTSLESS FLORIDA MAN ADMITS TO REGULARLY SPYING ON NEIGHBOR AFTER HE IS CAUGHT IN ACT: 'CAN I PLEASE GET DRESSED?' 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