Goldman pays $215 million to settle lawsuit on underpaying women: report ...Middle East

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Goldman pays $215 million to settle lawsuit on underpaying women: report
Goldman Sachs will be paying $215 million in a new agreement to settle a class-action lawsuit on underpaying women, Bloomberg reported. Bloomberg reported that a person familiar with the lawsuit said that the company agreed to pay the $215 million in an agreement with lawyers representing 2,500 women who said that the company discriminated against them in pay and in issuing promotions. The trial was supposed to take place next month, which would have opened the doors to rare testimonies about unequal pay in the finance and banking industry, Bloomberg reported. The person familiar with the lawsuit also told Bloomberg that about a third of the settlement is expected to be earmarked fo

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