Harassment case settled against bank for €500,000

AN investment bank has agreed a six-figure settlement with a former employee who said she was forced to quit her job after she was bullied and sexually harassed.

The Employment Appeals Tribunal (EAT) heard yesterday that a former investment director with ICC Venture Capital, Prisca Grady, had withdrawn her claim against the bank.

Although the terms of the settlement are confidential, it is understood Ms Grady, 40, of Logan's Bridge, Mountshannon, Co Clare, will receive a payment of over €500,000 after the bank also agreed to pay her legal costs.