Naresh Vissa, a finance, accounting and broadcast journalism student at Syracuse University, has filed a lawsuit against Ed Butowsky, a Managing Partner at the Chapwood Capital Investment Management firm that claims to manage over $3 billion in investments, for allegedly failing to pay Vissa $900 for time worked as an intern last summer.
Ed Butowsky describes himself as “a nationally-recognized expert in investment management who is interviewed frequently by the media, including Bloomberg TV, FOX Business News, ABC, NBC, Sports Illustrated, and SIRIUS radio.”
Vissa wrote about his “horrific internship experience” in The Daily Orange, the Syracuse University newspaper, and described how Butowsky “left (him) profane and vulgar voicemails” after Vissa threatened legal action to recover his unpaid wages. He also wrote:
“Two days ago, more than two months after my internship, I finally received a check that was off the books; It was a quarter of the amount I am owed. My boss continues to leave voicemails, threatening my future employment and saying he has made calls to Syracuse University about me. He continues to stress that I have no idea the reach he has in places where nobody would want him to be, and that he will file a lawsuit against me for fraud, charging I did not deliver the results he was looking for.”