Suns owner Mat Ishbia's company calls Bloomberg report 'false and misleading'

Llama19

Registered User
Jan 19, 2013
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To quote:

"New Phoenix Suns majority owner Mat Ishbia’s mortgage lender company issued a statement to The Republic in reaction to a recent Bloomberg article that reports examples of a toxic environment at United Wholesale Mortgage.

“Bloomberg’s portrayal of the culture at UWM is false and misleading. UWM has been completely transparent with Bloomberg, giving them hours of on-the-record interviews with UWM team members and executives, detailed answers to dozens of questions, and a personal tour of our 1M+ square-foot campus,'' the statement said.

Bloomberg reported current and former employees complained about “racial disparities, sexual harassment” and managers bullying employees.

More than two dozen employees spoke to Bloomberg on the matter with several of them saying Black employees were treated differently than White ones while others often heard “leering and sexually offensive remarks” made by sales staff, the report said.

Former employees also said some sales staff, executives and managers repeatedly used cocaine. The company is based out of Pontiac, Mich., as Ishbia is from Birmingham, Mich., a Detroit suburb."

Source: www.azcentral.com/story/sports/nba/suns/2023/04/14/suns-owner-mat-ishbias-mortgage-company-refutes-report-of-toxic-environment/70115750007/

Bloomberg article: www.bloomberg.com/news/articles/2023-04-12/billionaire-phoenix-suns-owner-s-mortgage-employees-call-out-sexism-race-issues?leadSource=uverify%20wall
 

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