Goldman Sachs ‘Boy’s Club’ Accused of Mocking Women
Goldman Sachs Group Inc. (GS) was accused by two former employees seeking to expand their lawsuit of discriminating against women while male colleagues engaged in binge drinking and took clients to strip clubs.
The women asked a federal judge in Manhattan yesterday to let them sue on behalf of current and former female associates and vice presidents. Support for their claims includes statements of former Goldman Sachs employees, expert statistical analyses and evidence on earnings and promotions from the firm’s own records, they said in a court filing.
“Women report a ‘boy’s club’ atmosphere, where binge drinking is common and women are either sexualized or ignored,” according to the filing.
The two women, H. Cristina Chen-Oster and Shanna Orlich, sued in 2010 and are seeking to broaden the case to include more than a decade of claimed discrimination at Goldman Sachs. A decision by U.S. District Judge Analisa Torres to allow the women to sue as a class would increase the risk to the New York-based company.
In the lawsuit, filed in 2010, the women seek unspecified damages and an order requiring Goldman Sachs to fix the alleged gender bias at the firm.
http://www.bloomberg.com/news/2014-07-02/goldman-sachs-boy-s-club-accused-of-mocking-women.html
