The COO of Square, Keith Rabois, has resigned after a being accused of sexual harassment by a male employee and threatened with a multi-million dollar lawsuit.
The drama caused Rabois to release a statement announcing his resignation from Square, a massively popular mobile payment company. He said he began a relationship with the man several years ago after being introduced through mutual friends and encouraged him to apply to the company, where he was eventually hired.
“I had no impact on his potential success at the company,” Rabois wrote. “At no point did he ever report directly to me, and I have seen his work product less than a handful of times.”
The man has said the relationships wasn’t consensual and is now threatening legal action.
Rabois, 43, has denied the claims and plans to defend himself, calling the action a “shakedown.”
“”I was told that only a payment of millions of dollars will make this go away, and that my career, my reputation, and my livelihood will be threatened if Square and I don’t pay up,” he wrote.