Former Atlantic City Casino Executive Sues Old Employer

Former Atlantic City Casino Executive Sues Old Employer – A former Atlantic City executive filed a lawsuit against his former employer, alleging that he could be released from the company in response to his order that the company submitted an inaccurate report from state gaming regulators.

Loretta Pickus, former senior president and general for Ocean Casino Resort, filed an erroneous retirement suit Tuesday in New Jersey’s High Court.

In the lawsuit, he claimed he was fired for retaliation after showing that there were “factual differences” in the audit submitted to the Gaming Enforcement Division, according to a report from Press of Atlantic City.

After raising suspicion over the data, Pickus alleged he was told that the correct course of action was to speak “gentler” and “less harshly” when reporting reports.
The suit constitutes two plaintiffs of the casino audit committee as well as the casino itself and its ownership group Luxor Capital Group, a New York City-based hedge fund that owns shares in the casino. Pickus is seeking compensation for his dismissal.

Pickus’ attorney, Katy McClure, told the New Jersey newspaper that the gender of her client also played a role in the decision to let her go. The Ocean Casino Resort Audit Committee is made up entirely of men.

“The rationale for officials who communicated reports about the decision to fire him exposed a motive for retaliation fueled by gender discrimination,” said McClure. “MS. Pickus not only suffered economic and emotional losses, but also damaged his professional reputation in the small industry. “