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Stock impact report

Men-only fundraising club forced to close amid harassment scandal at event [CNBC]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: CNBC
A fundraising organization has shut down amid a sexual harassment scandal involving attendees at an event held at London's Dorchester Hotel last week. Trustees of the Presidents Club announced Wednesday that it would close after a Financial Times (FT) reporter went undercover at the men-only charity event held at the upscale hotel in the city's Mayfair neighborhood. Some of the more than 100 hostesses hired alleged that they were sexually harassed, the report said. More than 300 men attended, including those from the finance and real estate industries. Journalist Madison Marriage went to the event as a hostess; the women hired were reportedly told to wear revealing black dresses, matching underwear and high heels. Marriage's report alleged that many of the hostesses were subject to groping and inappropriate comments — it does not name any of the men alleged to have behaved inappropriately. Cate Gillon | Getty Images The Dorchester Hote Show less Read more
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