Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
735,718-296
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.94%0.02
Mortgage

Former employee files lawsuit against SoFi

Claims he was fired for reporting sexual harassment

Social Finance, better known as SoFi, was hit with a lawsuit from a former employee who claims that managers fired him for reporting sexual harassment and fraudulent actions, according to an article in Bloomberg by Selina Wang and Julie Verhage.

The article stated that Brandon Charles, a senior operations manager, said in a lawsuit that he witnessed his female colleagues being harassed by managers.

From the article:

He also said he saw SoFi managers canceling loans to cover up mistakes and therefore keep their bonuses high.

"Mr. Charles took a stand against inequity and misogyny; he was fired for it," the lawsuit said. "No woman should be forced to endure sexual harassment from a male superior because he holds her job and financial security in his hands."

A SoFi spokesperson, Jim Prosser, said that the company is familiar with Charles’ allegations, and that "they were investigated in depth by the company and found to have no merit. We will vigorously defend ourselves against any claims otherwise."

SoFi is one of the largest online residential mortgage retailers, only breaking into the mortgage business about three years ago. The company got its start in refinancing student loans. 

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please