C. F. Bean Corp. v. Dragados, S. A.

"It is sufficient ... that [the employer] had reasonable grounds, or in good faith thought it did ...” for its termination decision | misrepresentations regarding financial stability of new brokerage house trading in repurchase agreements or “repos” | plaintiff’s burden of persuasion is to negate recklessness not to establish due care | an employer is hable only if it knew or should have known of the employee’s offensive conduct and did not take steps to repudiate that conduct and eliminate the hostile environment | plaintiff bank justifiably relied upon false statements made by defendant broker-dealer even though bank failed to monitor adequately its own risk exposure, failed to take steps other banks routinely engaged in and failed to heed warning signs | declining to comment on existence of private § 17(a) action