Goldman Sachs Gender Discrimination

On September 15, 2010, Outten & Golden LLP, together with our co-counsel Lieff, Cabraser, Heimann & Bernstein, LLP, filed a class action complaint in New York district court against Goldman Sachs on behalf of three highly credentialed women. The lawsuit accuses Goldman Sachs, a leading global investment banking, securities and investment management firm, of engaging in a pattern and practice of gender discrimination against its female associates, vice presidents, and managing directors. The women allege violations of federal and city laws, including Title VII of the Civil Rights Act of 1964 and the New York City Human Rights Law.

The case is pending before United States District Court Judge Leonard Sand. According to the complaint, the “violations of [Goldman Sachs’] female employees’ rights are systemic, are based upon company-wide policies and practices, and are the result of unchecked gender bias that pervades Goldman Sachs’ corporate culture. They have not been isolated or exceptional incidents, but rather the regular and predictable result of Goldman Sachs’ company-wide policies and practices.”

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(Prior results do not guarantee a similar outcome.)