![\"Goldman](\"https:\/\/c.ndtvimg.com\/2021-12\/ql3sq9do_goldman-sachs_625x300_02_December_21.jpg\"\/ "\\"Goldman")
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A class action lawsuit, launched in 2010, was scheduled to begin on June 5 in New York.<\/p>\n<\/div>\n
New York: <\/b><\/p>\n
Goldman Sachs has said it will pay $215 million to settle a long-running lawsuit against the investment bank, accused by current and former employees of gender bias and sexual harassment.<\/p>\n
Charges in the suit included 75 cases of misconduct in the workplace — such as touching, inappropriate comments and requests for sex — as well as wage discrimination or denial of promotion to women employees on the basis of gender.<\/p>\n
The settlement covers about 2,800 women employed in specified banking, management and securities divisions from the early 2000s until March this year, according to a joint statement released by the bank and the plaintiffs’ lawyers on Monday.<\/p>\n
“As one of the original plaintiffs, I have been proud to support this case without hesitation over the last nearly thirteen years and believe this settlement will help the women I had in mind when I filed the case,” plaintiff Shanna Orlich said in the statement.<\/p>\n
A class action lawsuit, launched in 2010, was scheduled to begin on June 5 in New York.<\/p>\n
“After more than a decade of vigorous litigation, both parties have agreed to resolve this matter,” said Jacqueline Arthur, the company’s global head of human capital management.<\/p>\n
As part of the settlement, an independent expert will analyze performance evaluations and pay equity at Goldman Sachs for three years.<\/p>\n
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<\/div>\n
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