Goldman Sachs settled a discrimination lawsuit hours before testimony from an analyst who’d claimed she’d been deprived of pay, bonuses and a promotion because of her gender.
Bloomberg News reports that Pereiro-Mendez, an executive director at the bank, agreed to end the case, Richard Leiper, her lawyer, said at a London court on Tuesday. He declined to give any details.
'We are pleased this matter is resolved', Fiona Laffan, a Goldman Sachs spokeswoman, said after a short hearing.
Goldman Sachs has been accused of having a 'boys club' working culture in a separate U.S. lawsuit by two women trying to start a class action.
Hit the link below to access the complete Bloomberg News article:
Goldman Sachs Settles U.K. Gender-Discrimination Lawsuit
Goldman Sachs Buys $21 Million Stake in HFT Network Company