San Francisco Chronicle

Harassment alleged at SoFi

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A former loan reviewer at Social Finance has filed a lawsuit claiming she was repeatedly sexually harassed while working there, ratcheting up pressure on the embattled startup.

In the suit filed Thursday, Yulia Zamora said she told her superiors about the sexually charged behavior but was ignored. Characteri­zing the San Francisco company as a “frat house,” Zamora described drinking parties and “rampant sexual activity” in bathrooms and parked cars.

Zamora’s is one of at least three lawsuits filed against SoFi, which last week replaced co-founder and CEO Mike Cagney amid allegation­s that he sexually harassed female employees. SoFi refinances student loans and offers other personal financial services.

In August, a former senior operations manager, Brandon Charles, filed a lawsuit claiming he was fired for reporting sexual harassment by managers. Since then a flurry of reports have alleged sexual misconduct by top managers as well as unethical business practices.

In her suit, Zamora alleges that managers encouraged employees to drink from beer kegs and a margarita cart at SoFi’s office in Healdsburg. Managers “relentless­ly flirted with subordinat­es” and had sex whenever and wherever they could, according to the complaint. Zamora alleges that a director at the company repeatedly propositio­ned her and other employees for sex.

The lawsuit claims that Cagney dated subordinat­es at SoFi’s San Francisco office, where his wife works as chief technology officer and vice president of engineerin­g, and attended parties with SoFi’s Healdsburg staff while intoxicate­d.

Chronicle News Services

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