Report: Fidelity Investments Fires Two in Sexual-Harassment Crackdown

Boston-based Fidelity Investments reportedly ousted two employees this month as part of a crackdown on sexual harassment and bullying at the mutual-fund giant. The latest employee to be pushed out was identified as C. Robert Chow, a former portfolio manager and employee in the advisory unit who was asked to resign amid claims he made inappropriate sexual comments to colleagues, The Wall Street Journal reports. Chow’s departure came just days after a tech fund manager was reportedly fired in the wake of sexual-harassment allegations. Fidelity has reportedly hired a consulting firm to review employee behavior following the recent allegations. Last Monday, an emergency meeting was held in the stock-picking division to drill home to employees the company’s “zero-tolerance policy” for inappropriate workplace conduct, according to the report. Sources cited in the report said Fidelity has been struggling to root out sexual harassment, with at least three portfolio managers fired in the past six years.