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High-Stakes Legal Battle Looms As RBC's Former CFO Sues Bank Over Wrongful Termination: Report

Nadine Ahn, former CFO of Royal Bank of Canada (NYSE:RY), reportedly filed a wrongful termination lawsuit, alleging her dismissal was influenced by “gender-based stereotyping.” Notably, in April, Royal Bank Of Canada terminated Ahn after an investigation revealed she had an undisclosed close personal relationship with another executive, which led to preferential treatment, including promotions and salary increases for the executive. Royal Bank Of Canada said Ahn’s claims are without merit and it would vigorously defend against them in court, reported Reuters. RBC said, “The facts are very clear that there was a significant breach of our code of conduct based on the irrefutable evidence collected during the investigation,” ...