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The three plaintiffs in the Goldman lawsuit are H. Cristina Chen-Oster, who worked in the firm’s equities division from 1997 to 2005 and was promoted to vice president; Lisa Parisi, who worked in the asset management group from 2001 to 2008 and was promoted to managing director; and Shana Orlich, who worked in the firm’s fixed-income unit from 2007 to 2008 as an associate.
The most detailed allegations come from Ms. Chen-Oster, who worked mostly in sales on Goldman’s convertible-bond desk. Ms. Chen-Oster claims in an affidavit that shortly after she joined Goldman in 1997, a celebration for a recently promoted male colleague took place at Scores, a New York strip club, and all the employees were encouraged to join.
The lawsuit alleges that at the end of the night, a married male colleague escorted her to her boyfriend’s apartment building and in the hallway lobby pinned her against the wall, kissing and groping her.
That episode, which the male colleague reported to his supervisor the next morning, led to Ms. Chen-Oster’s experiencing “increased hostility and marginalization at the firm.”
The complaint details Ms. Chen-Oster’s compensation throughout her tenure. In her second year at the firm, Goldman paid her $475,000, a number she claims was significantly less than that of her male peers. By 2000, a year in which the stock market peaked, Goldman paid her $800,000, a figure she alleges was at least 50 percent less than that paid to male counterparts. Ms. Chen-Oster resigned from Goldman and now works at Deutsche Bank, according to her profile on LinkedIn, a social networking Web site.
link Women Sue Goldman, Claiming Bias in Pay and Jobs - NYTimes.com
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The most detailed allegations come from Ms. Chen-Oster, who worked mostly in sales on Goldman’s convertible-bond desk. Ms. Chen-Oster claims in an affidavit that shortly after she joined Goldman in 1997, a celebration for a recently promoted male colleague took place at Scores, a New York strip club, and all the employees were encouraged to join.
The lawsuit alleges that at the end of the night, a married male colleague escorted her to her boyfriend’s apartment building and in the hallway lobby pinned her against the wall, kissing and groping her.
That episode, which the male colleague reported to his supervisor the next morning, led to Ms. Chen-Oster’s experiencing “increased hostility and marginalization at the firm.”
The complaint details Ms. Chen-Oster’s compensation throughout her tenure. In her second year at the firm, Goldman paid her $475,000, a number she claims was significantly less than that of her male peers. By 2000, a year in which the stock market peaked, Goldman paid her $800,000, a figure she alleges was at least 50 percent less than that paid to male counterparts. Ms. Chen-Oster resigned from Goldman and now works at Deutsche Bank, according to her profile on LinkedIn, a social networking Web site.
link Women Sue Goldman, Claiming Bias in Pay and Jobs - NYTimes.com
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