Ex-rep claims discrimination in lawsuit

A former broker with Wells Fargo Advisors LLC of St. Louis has sued the firm for sexual discrimination.
AUG 16, 2009
A former broker with Wells Fargo Advisors LLC of St. Louis has sued the firm for sexual discrimination. Helen Berenyi, a legacy Wachovia Securities LLC broker who worked in the firm's Charleston, S.C., office, claims she was denied a fair share of client assets when a partnership she had with another representative was dissolved in December 2007. She filed her lawsuit this month in U.S. District Court for the District of South Carolina in Charleston, claiming discrimination and retaliation. Ms. Berenyi was forced out of Wachovia in August 2008, according to the suit. She is now president of Red Triangle LLC, an advisory firm in Charleston. Wachovia Securities this year was renamed Wells Fargo Advisors. Brokers can file discrimination claims in court rather than arbitration, but they must first get right-to-sue letters from the U.S. Equal Employment Opportunity Commission. According to her suit, Ms. Berenyi received permission to file the court claim. Her attorney, Allan Holmes of Gibbs & Holmes PC in Charleston, didn't return calls seeking comment. In a document attached to the suit, Mr. Holmes said that as of a year ago when she was terminated, Ms. Berenyi was owed another $39 million in client assets in addition to the $13 million she had already received. Teresa Dougherty, a spokeswoman for Wells Fargo Advisors, declined to comment. E-mail Dan Jamieson at [email protected].

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