Judge allows Goldman Sachs gender-bias class-action lawsuit to proceed

Goldman SachsGoldman Sachs

  • Women accusing Goldman Sachs of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit, a judge ruled on Friday.
  • The ruling covers female associates and vice presidents who have worked in Goldman’s investment banking, investment management and securities divisions since September 2004, and employees in New York City since July 2002.
  • The lawsuit is one of the highest-profile cases targeting Wall Street’s alleged unequal treatment of women.

NEW YORK (Reuters) – A federal judge ruled that women accusing Goldman Sachs of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit.

The decision late Friday afternoon by U.S. District Judge Analisa Torres in Manhattan covers female associates and vice presidents who have worked in Goldman’s investment banking, investment management and securities divisions since September 2004, and employees in New York City since July 2002.

See the rest of the story at Business Insider

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