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Market
Guaranteed Rate's response to toxic workplace allegations by September 30, 2024
5
Resolution / Starting Odds
Denial of allegations • 33%
Acknowledgment and commitment to change • 33%
No public response • 34%
Company website, major news outlets
Story
Guaranteed Rate, White Sox Ballpark Sponsor, Faces Allegations of Toxic Workplace
Jun 15, 2024, 03:50 PM
Guaranteed Rate, a Chicago-based mortgage company, is facing allegations of a toxic workplace environment. Ex-employees have reported persistent verbal abuse and a misogynistic, 'sex-driven' culture at the firm. These claims were detailed in an investigation by the Chicago Tribune, which included accounts from several former staff members. The company's CEO, Victor Ciardelli, has previously presented himself as a proponent of a positive workplace environment, contrasting sharply with the allegations brought forth. The company's name is also associated with the White Sox ballpark.
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Public support for FDIC leadership change • 25%
Public criticism of FDIC handling • 25%
Calls for external review of FDIC practices • 25%
No public response • 25%
Denies allegations • 33%
Admits and rectifies • 33%
No comment • 33%
Public apology • 33%
Denies all allegations • 33%
Silence/No response • 34%
No significant change • 34%
Implementation of new policies • 33%
Public support for Denberg • 33%
Full Denial of Allegations • 25%
Partial Admission and Settlement • 25%
Full Admission and Apology • 25%
No Response • 25%
No comments • 33%
Supporting allegations • 33%
Denying allegations • 34%
Yes • 50%
No • 50%
No action taken • 25%
Formal apology • 25%
Suspension from duties • 25%
Termination of employment • 25%
Criminal charges filed • 33%
Civil penalties imposed • 33%
No action taken • 34%
