Stay in the Loop

We are thrilled to extend a warm welcome to you as a valuable member of our vibrant crypto community! Whether you're an experienced trader, a crypto enthusiast, or someone who's just getting started on their digital currency journey, we're excited to have you onboard.

Read & Get Inspired

We're delighted to have you here and embark on this exciting journey into the world of Wikibusiness. Whether you're a newcomer or a seasoned explorer in this realm, we're dedicated to making your experience extraordinary. Our website is your gateway to a treasure trove of knowledge, resources, and opportunities.

PrimeHomeDeco

At PrimeHomeDeco, we believe that your home should be a reflection of your style and personality. Our upcoming website is dedicated to bringing you a curated selection of exquisite home decor that will transform your living spaces into elegant sanctuaries. Whether you're looking to revamp your living room, add a touch of sophistication to your bedroom, or create a cozy and inviting ambiance in your dining area, we have just the right pieces for you.

Former Goldman Sachs intern sues the bank, alleging it fostered a fraternity culture that left him grievously injured

Goldman SachsBrendan McDermid/Reuters

  • A former intern at Goldman Sachs is suing the bank and several of its employees, alleging the firm condoned a “fraternity culture” that resulted in a traumatic brain injury.
  • Patrick Blumenthal’s lawyers allege his manager — the wealth adviser Julius Erukhimov — repeatedly forced the intern to drink and mocked employees for not participating in the “hazing.”
  • The lawsuit focuses on one bar outing in which it accuses the manager of punching Blumenthal, choking him until he was unconscious, throwing him to the ground where the intern “smashed” his head, and threatening to have relatives kill Blumenthal if he told management of the incident.
  • Blumenthal is suing for damages exceeding $25,000, citing causes of action including assault, intentional infliction of emotional distress, and general negligence.
  • Visit the Business Insider homepage for more stories.

A former Goldman Sachs intern is suing the bank, alleging it condoned a “fraternity culture” that resulted in a traumatic brain injury blamed on one of its wealth advisers.

Patrick Blumenthal served as an intern for Goldman Sachs in San Francisco from September 2017 to February 2018, according to a February 7 court filing originally obtained by CourthouseNews.com. He was assigned to work with a group that called itself “Team 007” and was led by the wealth adviser Julius Erukhimov. Blumenthal began the internship while a student at Drexel University and turned 21 years old during it.

The filing alleges that the bank “fostered a fraternity culture” complete with derogatory name-calling, member composites, physical altercations, and “rampant” drinking. It says Blumenthal was pressured to drink within his first week at Goldman despite being underage and was repeatedly warned early on that he would “take an infinite amount of shit from people.” The filing says Erukhimov called the plaintiff a “pussy” for not drinking enough and even told Blumenthal to take Adderall so he could drink more.

The filing says Blumenthal told Michelle Kelly, the employee who hired him, about the treatment and asked to switch teams but Kelly made no attempt to transfer him.

The incident emphasized in the lawsuit involves one of the bank’s “First Friday” bar events, where it says Blumenthal was “forced to drink by his managers.” The filing accuses Erukhimov of telling the plaintiff he would “teach him how to drink” before punching Blumenthal in his stomach and telling him to punch his manager back.

The filing says that when Blumenthal declined, Erukhimov wrestled with the smaller intern and pushed him from the bar to the outdoor patio. There, it alleges, the adviser choked Blumenthal for so long he passed out, urinated on himself, and smashed his head after Erukhimov threw him to the ground.

Read more: The managers of a stock fund that’s ruled the world for 20 years tell us how they take advantage of devastating market shocks — and reveal 4 surprising bets for the next 10 years

In an emailed statement, a representative for the bank said Goldman had “tried unsuccessfully to obtain more information” from Blumenthal about his injuries and was “committed to maintaining a safe and welcoming workplace,” adding that “the alleged behavior does not reflect our values.”

The statement noted that the complaint described an incident between “two former employees,” adding that Erukhimov no longer worked at the bank.

The plaintiff’s lawyers allege numerous Goldman employees witnessed the altercation, including senior managers and managing agents. The bank’s statement said that Goldman quickly looked into the incident and that the witnesses didn’t see the event as an intentional act.

“When it came to our attention we investigated immediately and took action, including to ensure the plaintiff was receiving medical care,” Goldman’s representative wrote, adding that the employees witnessing the event “viewed Patrick’s fall as an accident and offered support, including an offer to seek medical assistance.”

When Blumenthal came to, the present employees let Erukhimov take the intern to his own home. But the filing alleges that at the adviser’s apartment, Erukhimov gave the plaintiff four pain relievers and threatened that, should Blumenthal tell management of the events, a relative would kill him.

The court filing alleges that the adviser had previously boasted that his cousin and uncle were contract killers for Russian oligarchs and had bragged about his personal gun collection.

Erukhimov is also accused of having told Blumenthal stories of his relatives harming others, including an anecdote in which a cousin — who was purportedly visiting San Francisco in a few weeks — put a nightclub bouncer “in a vegetative state” after he asked the cousin to not stand on a table.

Two days after the event, the intern was hospitalized and received a diagnosis of a hemorrhagic stroke, the filing said. The altercation at the bar and subsequent conversation at Erukhimov’s house left Blumenthal with “a traumatic brain injury, extreme mental anguish, PTSD, and physical pain,” the plaintiff’s lawyers wrote.

Blumenthal spent a month “terrified to speak” about the event and was unable to return to school or his internship, the filing said. On March 26, 2018, he emailed Kimberly Vivas, a business-unit manager at the bank and defendant in the case, informing her of the event.

Vivas told the plaintiff to contact Aime Hendricks, a human-resources employee in Goldman’s New York office. Blumenthal claims that he didn’t hear back from Hendricks for nearly a month after emailing her and that when she responded she informed the former intern “we have taken actions we have deemed appropriate.”

The court filing alleges personal injury and calls for damages payments exceeding $25,000. Causes of action cited in the document include assault, intentional infliction of emotional distress, negligent supervision, and employer ratification.

Blumenthal is represented by personal-injury attorneys William Green and Kailyn Sharp of Delfino Green & Green.

Now read more markets coverage from Markets Insider and Business Insider:

Apple adds $18 billion in market value after its Chinese factories accelerate post-coronavirus re-openings

Fed’s Kashkari tears into ‘giant garbage dumpster’ cryptocurrencies

A top State Farm exec reveals why it’s bringing back the iconic tagline ‘like a good neighbor,’ and advertising heavily on NBCUniversal’s upcoming streaming service

Related articles

How to Create a Great Body, Second Edition

Product Name: How to Create a Great Body, Second Edition Click here to get How to Create a Great Body, Second Edition at discounted price while it's still available... All orders are protected by SSL encryption...

GW – Like A Boss (Gangster Trap) | Street Energy & Boss Mentality

GW – Like A Boss from Gangster On Wheels GW – Like A Boss , released under the Gangster On Wheels banner, is a hard-hitting trap anthem that fully embraces the raw energy, confidence,...

2Pac x Linkin Park – PXNDO Brings “PUNISHER” to Life

2Pac & Linkin Park – “PUNISHER” (2025) | PXNDO Remix The 2025 remix “PUNISHER” by PXNDO brings together the iconic voices of 2Pac and Linkin Park, creating a dark, cinematic fusion that bridges hip-hop and...

A Thunderous Remix: Lil Jon, Eminem & 2Pac in 2025 Energy

The track “Thunder” (Denis Remix) by Denis Music brings together the explosive energy of Lil Jon, the lyrical intensity of Eminem, and the timeless authority of 2Pac into a high-impact remix built for power...
[mwai_chat model="gpt-4"]