Billionaire Cantor Fiztgerald CEO Howard Lutnick has launched a legal battle against his former personal assistant who he claims is threatening to release private messages she received from him and his wife.
Taylor Shaw, 27, of Stamford, Connecticut, served as Lutnick's aide at the Wall Street firm from September 4 until December 15, when she voluntarily resigned from her post via email, court documents filed by Lutnick say.
But after her departure, Lutnick claims, Shaw failed to show up for an exit interview, has refused to return two company laptops, and has threatened to release 2am text messages she received from him and his wife saying they would 'not be pretty'.
Shaw, who was hired on a $125,000 salary, was in charge of managing Lutnick's professional and social calendars, booking medical appointments, as well as handling his personal matters including his 'children's schedule' and communications to his wife Allison.
She was 'privy to the most intimate and private details concerning the Lutnick family members', court papers say.
Shaw was his assistant in October when Rich the Kid performed for his youngest son's bar mitzvah in the Egyptian temple at the Metropolitan Museum of Art. The catering was by a Paris caviar house.
Cantor Fitzgerald CEO Howard Lutnick, 57, (pictured with his wife Allison) is suing his former personal assistant who he claims has breached her confidentiality agreement and has refused to return two company laptops
Taylor Shaw, 27, of Stamford, Connecticut, served as Lutnick's aide at the New York City firm from September 4 until December 15, when she voluntarily resigned from her post via email
Shaw, court papers say, also had access to Lutnick's login details as well as keys and passcodes to his family homes.
Upon being hired, she signed a confidentiality and intellectual property agreement which requires employees to return company property and prohibits them from disclosing private information third parties.
This information is defined in documents as, 'information, knowledge, and facts learned about Howard or Allison Lutnick, their children, and family members. . . including, but not limited to, any personal information regarding the Lutnicks, their family, their finances, their lifestyle, their friends, acquaintances, or affiliates, their home(s)...'
Shaw is accused of violating the contract by releasing emails and text messages between Lutnick and his wife Allison to her lawyer Jonathan Sack.
The billionaire CEO learned of the alleged breach during a December 19 phone call with Sack who warned the release of the messages 'would not be pretty,' according to the suit.
'Sack did not specifically say whether he was threatening to disclose these communications in a court filing, to the press, or to some other third party. Implicit in his threat is that Sack would reveal the confidential communications if the Company did not accede to his demand for cash payment,' the complaint states.
Two days later, the company demanded Shaw return all property by Monday at noon, and filed the suit that day after she failed to do so.
Family: The CEO is pictured above on September 11 with his four children (from left) Ryan, Casey, Kyle, and Brandon. They were pictured as a family at the 2018 annual Cantor Fitzgerald Charity Day with New York Knicks star Enes Kanter
Lutnick, 57, has been at the top of Cantor Fitzgerald since he became CEO in 1991 and then wrested control of the company from the widow of its founder Bernie Cantor in 1996 in a bitter fight.
The company provides brokerage services and has expanded into other specialist areas of financial services, making Lutnick, a Long Island native who has never worked elsewhere in Wall Street, a billionaire with an estimated net worth of $1.5 billion according to Bloomberg.
In September 2001 the firm became known worldwide for the tragedy of September 11, which claimed the lives of a total of 658 employees - among them Lutnick's brother Gary - who were in its offices in the North Tower of the World Trade Center on the 101st to 105th floors, just above the spot where the hijacked plane was crashed into the tower by al Qaeda terrorists.
Lutnick was not at work because he was taking his son Kyle to his first day of kindergarten, but the company lost two-thirds of its New York workforce.
Cantor Fitzgerald became known worldwide after the September 11 attacks which claimed the lives of 658 employees. Lutnick was not at work because he was dropping his son off
Lutnick has an estate in the Hamptons, where he fought a legal battle over plans for an outdoor basketball court
The couple have homes including a townhouse on the Upper East Side of Manhattan (pictured)
Lutnick rebuilt the firm in the wake of the attacks and became known as a sharp-elbowed Wall Street operative. It pun off BCG Partners in 2004, of which he is also chairman and CEO.
His connection to 9/11 made Lutnick one of the inspirations for Bobby Axelrod, the billionaire trader played by Damian Lewis in Showtime hit Billions.
But Lutnick also became known for running an annual charity day on the anniversary of the attacks with celebrities executing trades in its New York and London offices.
Among those who have taken part over the years are Bill Clinton, Princes William and Harry, Alec Baldwin and Robert DeNiro.
The day initially went to aid the families of the dead Cantor Fitzgerald staff, but now proceeds from the event go to other charities.
Lutnick and his wife Allison have three sons - Kyle, a senior at Stanford and part-time rapper, Brandon, also studying at Stanford and Ryan, at whose bar mitzvah Rich the Kid performed - and a daughter, Casey, who works for a New York children's charity.
The couple have homes including a townhouse on the Upper East Side of Manhattan, a triplex apartment at the top of the Piere Hotel on Manhattan's Fifth Avenue, and an estate in the Hamptons, where he fought a legal battle over plans for an outdoor basketball court.
Link hienalouca.com
https://hienalouca.com/2018/12/28/cantor-fitzgerald-ceo-howard-lutnick-sues-ex-personal-assistant/
Main photo article Billionaire Cantor Fiztgerald CEO Howard Lutnick has launched a legal battle against his former personal assistant who he claims is threatening to release private messages she received from him and his wife.
Taylor Shaw, 27, of Stamford, Connecticut, served as Lutnick’s aide at the Wall S...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves US News HienaLouca
https://i.dailymail.co.uk/1s/2018/12/28/18/7908396-6536365-image-a-1_1546020709135.jpg
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