{"id":33403,"date":"2023-05-04T00:10:26","date_gmt":"2023-05-04T00:10:26","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/goldman-sachs-in-talks\/"},"modified":"2023-05-04T00:13:08","modified_gmt":"2023-05-04T00:13:08","slug":"goldman-sachs-in-talks","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/goldman-sachs-in-talks\/","title":{"rendered":"Goldman Sachs in talks to settle gender discrimination lawsuit -source"},"content":{"rendered":"

NEW YORK (Reuters) – Goldman Sachs Group Inc is in talks to settle a class-action lawsuit that alleged widespread gender bias against women in pay and promotions, said a source familiar with the matter.<\/p>\n

The move to settle the case comes roughly a month before the trial was set to begin.<\/p>\n

The plaintiffs, former employees of the Wall Street bank, accused Goldman Sachs of systematically paying women less than men, and giving women weaker performance reviews that impeded their career growth.<\/p>\n

Goldman has previously denied wrongdoing.The lawyers for Goldman Sachs, Sullivan & Cromwell, did not immediately respond to a request for comment. Lieff Cabraser Heimann & Bernstein LLP, lawyers for the plaintiffs, declined to comment.<\/p>\n

The plaintiffs are led by Cristina Chen-Oster, Mary De Luis and Allison Gamba, who were Goldman vice presidents, and ShannaOrlich, who was an associate.<\/p>\n

The Wall Street Journal reported earlier on the talks. The settlement amount could be “around a couple hundred millions of dollars,” the report said, attributing it to people familiar with the matter, adding that the sum could change.<\/p>\n

\n

(Reporting by Saeed Azhar; Editing by Muralikumar Anantharaman)<\/p>\n

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NEW YORK (Reuters) – Goldman Sachs Group Inc is in talks to settle a class-action lawsuit that alleged widespread gender bias against women in pay and promotions, said a source familiar with the matter. The move to settle the case comes roughly a month before the trial was set to begin. The plaintiffs, former employees […]<\/p>\n","protected":false},"author":8,"featured_media":33404,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-33403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ4210B-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=33403"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33403\/revisions"}],"predecessor-version":[{"id":33405,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33403\/revisions\/33405"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/33404"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=33403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=33403"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=33403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}