Picarella v. HSBC (USA) Securities, Inc.

  1. December 15, 2016

    HSBC Beats Former Exec's Retaliation Claims At Trial

    A Manhattan federal jury needed just over two hours to reject a former HSBC Securities senior vice president's claims that he was retaliated against for standing up for a female sexual harassment victim, delivering a verdict Thursday morning that the bank is not liable.

  2. December 14, 2016

    HSBC Retaliation Trial Jury Eyes Ex-Exec's Job Performance

    Manhattan jurors asked Wednesday to see performance reviews given to former HSBC Securities executive Michael Picarella and those of a woman promoted ahead of him in 2012 after Picarella's counsel told them his client was "locked out and shut off" from bank operations — and denied advancement — for coming to the aid of a sexual harassment victim.

  3. December 12, 2016

    HSBC Trial Juror Gets Heave-Ho After Security-Line Incident

    The Manhattan federal judge overseeing a former HSBC Securities executive's retaliation trial against the bank dismissed a male juror Monday after an alleged incident in which the juror is said to have uttered profanities at a courthouse security guard during a routine screening.

  4. December 09, 2016

    Former Boss Tells Jury Fired HSBC Exec Was Bad At His Job

    The former HSBC Securities senior vice president who claims the bank punished him for sticking up for a victim of sexual harassment was a weak-link employee who often hid out in a darkened office chatting on his mobile phone, his former boss told a Manhattan jury Friday.

  5. December 06, 2016

    Ex-HSBC Exec Disparaged Former Bank Analyst, Jury Hears

    Former HSBC Securities Senior Vice President Michael Picarella conceded Tuesday that he took part in disparaging a female sales analyst before later complaining of sexual harassment on her behalf, as a Manhattan federal jury heard evidence on his claim that the bank executed a campaign of retaliation against him for interceding.

  6. April 30, 2015

    Ex-HSBC Employee Slams Subpoena In Retaliation Row

    A former HSBC Securities (USA) Inc. employee who says the company retaliated against him for reporting that a now-fired executive was sexually harassing a female subordinate asked a New York federal court Wednesday to quash an HSBC subpoena seeking information from his former employer, Barclays Capital.

  7. March 26, 2015

    HSBC Sex Harassment Accuser Complains Of Denied Bonus

    HSBC Securities (USA) Inc. recently denied a bonus payment to an employee who sued the bank in August for retaliation after he complained that his boss was sexually harassing a colleague, according to a Thursday filing in New York federal court.

  8. October 21, 2014

    HSBC Retaliated Against Fired Exec's Accusers, Suits Claim

    HSBC Securities (USA) Inc. is facing a pair of lawsuits in New York federal court alleging it retaliated against employees who reported that a now-fired executive was sexually harassing a female subordinate, including by pressuring her to have sex with bank clients.