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Former Atlantic City Casino Executive Sues Old Employer Over Incorrect Data Submitted To Regulators

Previous Senior Vice President And General Counsel For Ocean Casino Resort Says She Was Fired For Pointing Out Inaccuracies


A former executive of an Atlantic City casino is filing a lawsuit against her former employer, alleging that she was let go from the company in response to her concern that the company was submitting inaccurate reports to state gaming regulators.

Loretta Pickus, former senior vice president and general counsel for Ocean Casino Resort, filed a wrongful termination lawsuit Tuesday in New Jersey’s Superior Court.

In the suit, she claimed that she was fired out of retaliation after pointing out that there were “factual discrepancies” in a casino audit that was submitted to the Division of Gaming Enforcement, according to a report from the Press of Atlantic City.

After raising suspicions over the data, Pickus alleges she was told that the correct course of action would have been to speak “softer” and “less harshly” when reporting the violations.

The suit lists two members of the casino audit committee as plaintiffs, as well as the casino itself and its ownership group Luxor Capital Group, a New York City-based hedge fund that has a stake in the casino. Pickus is seeking financial compensation for her termination.

Pickus’ lawyer, Katy McClure, told the New Jersey newspaper that her client’s gender also played a role in the decision to let her go. Ocean Casino Resort’s Audit Committee is comprised entirely of males.

“The reason casino officials communicated to her for the decision to fire her reveal a retaliatory motive fueled by gender discrimination,” McClure said. “Ms. Pickus has suffered not only economic and emotional harm, but harm to her professional reputation in a small industry.”