Goldman Sachs has persuaded a federal appeals court to rule that a female former managing director must pursue a gender discrimination lawsuit through arbitration rather than in court.
Bloomberg reports that the New York-based panel Thursday ruled that Lisa Parisi, one of three women who sued the firm in 2010 claiming they were subjected to pay and promotion discrimination, can’t maintain her case in federal court. Her employment contract contained a clause requiring disputes to be resolved through arbitration.
Parisi’s lawyers argued their client had a right under federal law to press her claim Goldman Sachs has a pattern and practice of discriminating against managing directors who are women, and that such claims can only be litigated in the context of a class action, or group, case.
A lower court judge agreed, denying Goldman Sach’s request to order Parisi’s case to arbitration.
'Because we disagree that a substantive statutory right to pursue a pattern-or-practice claim exists, we reverse', U.S. Circuit Judge Barrington Parker wrote for a unanimous three-judge panel.
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