Former JP Morgan banker who sued his female boss over claims she made him office sex slave 'turned down enormous sum to settle case'

By WILL POTTER, US SENIOR NEWS REPORTER and LUKE KENTON, US SENIOR REPORTER Published: 18:14, 6 May 2026 | Updated: 18:24, 6 May 2026 A former JP Morgan Chase banker who sued his female boss after claiming she turned him into her office sex slave turned down a $1 million settlement, reports say.  Chirayu Rana, 35, accused his former boss Lorna Hajdini, 37, in a bombshell lawsuit of using her power to sexually abuse him, alleging she drugged him and subjected him to racial abuse in her advances.  Hajdini denies the allegations and an internal investigation by JP Morgan Chase (JPMC) found no evidence of wrongdoing on her part.  But according to sources speaking with the Wall Street Journal, America's biggest bank offered Rana $1 million to settle the lawsuit, equivalent to two years of his earnings.  He instead demanded $11.7 million to settle the case, sources told the Journal.  Insiders reportedly said the bank hoped the settlement would have avoided the media circus that now surrounds the case, with Rana's salacious lawsuit the talk of much of the internet since the Daily Mail broke the story last week.  In a statement to the Journal, JP Morgan said: 'We did try to reach an agreement to avoid the time and expense of litigation and to support an employee who was being threatened with the very reputational harm now unfolding.  'We continue to believe these allegations have no merit and new information raised as a result of the public filing only reinforces that conclusion.'  The Daily Mail has contacted the bank for further comment.  EX-JP Morgan Chase banker Chirayu Rana, 35, who sued his female boss alleging she sexually harassed him, turned down a $1 million settlement from the company, reports say Lorna Hajdini, an executive director in JPMorgan Chase’s leveraged finance division, is accused in a lawsuit of coercing a banker junior to her into ‘non-consensual and humiliating sex acts’. She denies the allegations News of the alleged settlement offer came after Rana re-filed his lawsuit on Monday with updated claims, including alleging that Hajdini - an executive director in JPMC’s Leveraged Finance division - tried to coerce him into a threesome and threatened his career if he did not comply.  Hajdini, 37, an executive director in JPMC’s Leveraged Finance division, was accused in the filing of coercing Rana into ‘non-consensual and humiliating sex acts’ over several months, despite his pleas for her to stop. Rana claims his former boss drugged him with the date rape drug Rohypnol as well as Viagra and, during one encounter, rebuked him when he cried as she performed a sex act on him against his will. He said in the court filings that Hajdini, whom he claims also rained racist abuse down on him, allegedly threatened to ruin his career when he refused her advances – which included once allegedly turning up at his apartment and demanding sex. The lawsuit also accuses JPMC of enabling the alleged abuse and retaliating against the banker after he reported it, claiming the firm placed him on involuntary leave, destroyed his reputation and allowed threats against him to continue while Hajdini and others went unpunished.  Sources have questioned the lawsuit’s accusations and expressed sympathy for Hajdini on account of the public scrutiny she’s been facing and the potential damage to her reputation JPMorgan Chase in New York strongly denies all the claims against it. Rana alleged a culture within his team that was driven by racism and antipathy towards Asians A spokesman for JPMC said a thorough internal investigation found no evidence to support Rana's accusations. 'Following an investigation, we don’t believe there’s any merit to these claims,' said the representative. 'While numerous employees cooperated with the investigation, the complainant refused to participate and has declined to provide facts that would be central to support his allegations.' According to Rana's complaint, Hajdini’s alleged abuse started almost immediately after the pair began working together in the spring of 2024. Rana said he joined as a Senior VP and Director in March 2024, and Hajdini was appointed to lead the team the following month.  In early May 2024, Rana alleges Hajdini dropped her pen on the floor next to his desk and, while bending to pick it up, rubbed his leg and squeezed his calf. He claims she then remarked, ‘Oh, you did play basketball in college? … I love basketball players… they get me so wet.’ From there, Rana alleges the advances grew more explicit and frequent. Later that May, Rana said in the complaint that Hajdini invited him out for drinks, but he declined. In response, she is alleged to have said: ‘If you don’t f**k me soon, I’m going to ruin you… never forget, I f**king own you.’ Twice, Rana claims that Hajdini propositioned him for oral sex in the office, on one occasion asking: ‘Birthday BJ for the brown boy? My little brown boy.’ Mr Rana, pictured with his parents, filed the lawsuit anonymously on the grounds that he and his family had received threats, but has now been identified by numerous bank sources While Rana claims he continued to resist her advances, Hajdini allegedly threatened professional retribution, telling him if he wanted to be promoted to executive director, he would need to start ‘pleasing’ her, according to the lawsuit. ‘You’re gonna need to earn it, my little Arab boy toy,’ Rana alleges she told him during a work social event at her private members club. During the same event, he claims she repeatedly groped his groin under the table and spat in her hands, running them over his neck and head. Eventually, Rana claims the alleged harassment escalated into sexual assault, which Hajdini denies.  After Rana initially filed his lawsuit last week, the filing was taken off the court docket before his attorneys re-filed the action with updated allegations, including two unnamed witnesses who claimed they saw Rana and the executive together.  In a statement issued through her lawyers, Hajdini has vehemently denied any wrongdoing.  She never engaged in any inappropriate conduct with this individual of any kind and has never even been to the location where the alleged sexual assault supposedly took place,’ said her lawyer.  No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards. By posting your comment you agree to our house rules. Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual. 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