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Goldman Sachs paid $12 million to settle claim over sexist culture: Bloomberg

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Goldman Sachs Group Inc.
GS,
+1.27%

has paid greater than $12 million in a confidential settlement of a declare by a departed feminine associate a few poisonous office for ladies on the funding financial institution, Bloomberg reported Tuesday. The grievance, for instance of the surroundings, alleged that Goldman CEO David Solomon as soon as talked to male colleagues about receiving oral intercourse the evening earlier than, however Solomon was not the main target of the lawsuit. The feedback cited within the grievance have been alleged to have largely taken place in 2018 and 2019. The Bloomberg report mentioned the confidential settlement ranks among the many largest of its sort on Wall Road. A Goldman Sachs spokesperson didn’t reply to an e-mail from MarketWatch in search of remark. Goldman additionally reportedly declined to remark for Bloomberg on the report.


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