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Goldman Sachs settles gender discrimination suit for USD 215 Million

Shortpedia

Content Team
Image Credit: twitter

Goldman Sachs will pay USD 215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions. The lawsuit, initially filed in September 2010, was set to go to trial next month. The plaintiffs in the case are women who worked for Goldman as an associate or vice president in the US in the investment banking, investment management or securities divisions.