Was He Worked to Death? 

(5MinNewsBreak.com) – A 35-year-old Bank of America associate has died sparking significant controversy on Wall Street, as many financial professionals criticize the demanding work environment they believe played a role in his untimely death.

This environment reportedly includes grievances over workweeks extending beyond 100 hours.

Leo Lukenas III, who previously served as a Green Beret and later joined the bank’s Financial Institutions Group, succumbed to “acute coronary artery thrombus” at the age of 35 last Thursday, as stated in a Reuters report, cited by The New York Post.

He is survived by his spouse and two young children. His death occurred shortly after his involvement in a $2 billion merger project, where he was allegedly working approximately 100 hours weekly over several consecutive weeks.

The merger was finalized only three days prior to his death.

Significant criticism has been directed toward Lukenas’ superior, Gary Howe, co-head of the financial institutions group, particularly on the social media platform Reddit by individuals claiming to be bank employees. Following the backlash, Howe removed his LinkedIn profile.

According to Wall Street Oasis, a well-known financial website and discussion forum, there have been talks among some employees about organizing a walkout to negotiate better working conditions.

One anonymous banker’s post outlining a set of demands for employee welfare attracted over 450 comments.

These demands call for “proactive policies” that limit work hours to an average of 80 per week and mandate at least one weekend off each month.

There is also a call for an inquiry into the circumstances surrounding Lukenas’ death.

Despite these tensions, employees have largely remained at their desks, partly due to concerns about potential reprisals for voicing their grievances regarding the harmful work culture. When queried by The Post, a Bank of America spokesperson declined to comment on the possibility of a walkout or the accusations of retaliatory actions.

“We are very saddened by the loss of our teammate. We continue to focus on doing whatever we can to support the family and our team especially those who worked closely with him,” the official stated.

Before his banking career, Lukenas, a Brooklyn resident, had been a Green Beret for over a decade, starting in 2013 until his transition to a full-time bank employee last July, according to his LinkedIn profile.

He actively shared updates about the UMB Financial and Heartland Financial deal on LinkedIn just days before his demise.

Lukenas was also involved with 51 Vets, a nonprofit aimed at helping veterans integrate into leading business roles post-military service.

A fundraising initiative for his family by 51 Vets has amassed $258,962, including a $10,000 contribution from hedge fund magnate Bill Ackman.

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