Goldman Sachs ‘Boys Club’ Condemned in Discrimination Lawsuit
(NEW YORK) -- Goldman Sachs has been slapped with a gender-discrimination lawsuit and accused of fostering a “boys club atmosphere.”
Visits to strip clubs and a work environment that was generally hostile to women are among the claims being made by two former Goldman employees who want a judge to approve their lawsuit for class-action status. The two women first filed a claim against the big investment bank in 2010.
“This constellation of evidence reflects widespread concerns among women about gender bias and a ‘boys club’ atmosphere; the sexualization of women and an uncorrected culture of sexual harassment and assault,” the complaint says.
Cristina Chen-Oster, a former Goldman vice president, and former associate Shanna Orlich allege that the company routinely paid women less than men.
Goldman Sachs denies the allegations.
“This is a normal and anticipated procedural step for any proposed class-action lawsuit and does not change the case’s lack of merit,” the company said in a statement.
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