The New York Times reports that the case was unusual in that it even went to trial.
The plaintiff, Rochelle Cohen, a 56-year-old portfolio officer in the wealth management division of Bank of New York Mellon, lost her $124,000-a-year job on Sept. 20, 2010, in one of the rounds of post-financial crisis layoffs at the bank.
Nine of the other employees in her division who lost their jobs were women. And Ms. Cohen testified at the trial that two years before she was fired, she asked her managers why she was not getting paid as much as the men. She contended that her managers became critical of her after she brought up gender issues.
The Federal District Court jury deliberated for just one day before delivering its verdict. Kevin Heine, a spokesman for the bank, said afterward, 'We are pleased with the jury’s unanimous verdict, which clearly confirms that Ms. Cohen’s pay and performance were judged solely on the merits, not on her gender.'
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