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A female asset manager has spoken out about her lawsuit against her former boss and employer, which claims that her boss cajoled her into sex with the promise of helping to secure investors for her fund.
Sara Tirschwell, 53, filed the $30 million suit against TWC Group and her former boss Jess Ravich in January 2018, alleging that she was coerced into sex with Ravich seven or eight times while she was working under him.
Things - Complaint - HR
She claims she was fired when she cut things off, and filed a complaint with HR.
Her complaint is complicated by the fact that she and Ravich had previously dated several years before she began working at TWC, and by her assertion that she 'reluctantly acquiesced' to Ravich's sexual advances, instead of being physically forced into sex.
People - Tirschwell - Interview - New - York
'I understand why people don't understand,' Tirschwell in an interview with New York Magazine published in a lengthy report on Tuesday. 'It's hard for me to understand how someone I had a relationship with treated me like that,' she added.
TWC Group and Ravich strongly deny all of Tirschwell's allegations, with the company telling DailyMail.com in a statement: 'Ms. Tirschwell was properly terminated due to serious, repeated and documented violations of compliance and other firm policies, and we would treat any employee with a similar track record of serial violations in the same manner.'
Tirschwell - Ravich - Long-distance - Relationship - Things
According to Tirschwell, she and Ravich had been in a long-distance relationship from 2012 to 2013, and she broke things off when she felt he was too controlling.
A specialist in distressed-debt investments, also known as vulture investing, Tirschwell founded her own fund, but when the fund dissolved in 2015, her connection with Ravich helped her secure a job at TWC.
TCW - Firm - Opportunity - Fund - Majority
TCW, a $200 billion asset-management firm, offered her the opportunity to start a distressed fund as majority owner and manager...
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