The CEO of the $3.5b Aussie tech firm has refuted allegations of employee drug use and sexual harassment in its offices, as it incorporates in the US and prepares to list.
The $3.5 billion Australian tech firm Rokt is preparing to incorporate as a US company and pursue a 2024 Nasdaq listing, despite being mired in allegations of employee drug use and sexual harassment in its offices, which its chief executive denies.
The legal action against Rokt was brought by Georgina Milne, who worked as an executive assistant to Mr Buchanan and his wife, Elizabeth Buchanan, who is also the company’s chief commercial officer. It was a gender discrimination and disability lawsuit against the couple and the company filed in New York, last November.
This staff member alleged she had been discriminated against because of her gender and had suffered sexual harassment. The lawsuit was dismissed in 2019.the Financial ReviewAdvertisement has spoken with Sydney-based staff who described a high-performance culture that could turn “monkey-like” at the company’s annual global kickoffs that were held in places like Los Angeles.
Ms Buchanan said Rokt has been whipping itself into shape for the public markets, which includes its lawyers preparing to incorporate the company in New York; moving it away from Singapore where it has reported its financial performance for the past three years. The company has opened a new office in Seattle, where the bulk of Microsoft and Amazon’s former staff are housed. Rokt now has offices in Sydney, New York, Seattle, Tokyo, Singapore and London.
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