Hedge Funds

Litespeed Management denies lawsuit alleging discrimination against HIV-positive ex-employee


Former employee sues $1.2 billion hedge fund for $2 million.

  Litespeed founder Jamie Zimmerman

Litespeed Management, the $1.2 billion event-driven firm founded by Jamie Zimmerman, has strongly denied a recent lawsuit alleging disability discrimination and the unlawful termination of an employee who is HIV-positive.

Joey Grant Luther, a five-year Litespeed employee, alleged last week in New York State Superior Court that his tenure at Litespeed came to an abrupt end this year when he refused to disclose HIV-positive status to the firm’s new life insurance provider beginning in January. The lawsuit alleged that as Luther began to have more doctors’ visits, Zimmerman determined