Goldman Sachs Forced to Reveal Discrimination Complaints by Women After Years of Resistance

Goldman Sachs Forced to Reveal Discrimination Complaints by Women After Years of Resistance

October 16, 2013 – Today, a federal district court in New York resolved a hotly-contested discovery dispute in a sex discrimination class action, ordering Goldman Sachs to turn over to Plaintiffs’ counsel internal complaints made by female employees in the firm’s four revenue-generating divisions. The class action alleges that Goldman Sachs has engaged in a pattern and practice of sex discrimination with respect to the compensation and performance evaluations of female Associates and Vice Presidents, and with respect to the promotions of female Vice Presidents.Goldman Sachs has resisted disclosing internal complaints since such information was first requested almost three years ago by attorneys leading the class action. The lawsuit, Chen-Oster et al. v. Goldman, Sachs & Co., et al., 10-cv-6950 (S.D.N.Y.) was filed on September 16, 2010.