Accusations of gender discrimination and sexual harassment have dogged Goldman Sachs for years. This week, attorneys launched unredacted courtroom paperwork with particulars of alleged misconduct on the agency—together with legal sexual assault and rape.
The courtroom paperwork, a part of a class-action intercourse discrimination lawsuit that features round 1,400 plaintiffs, was first reported on by the New York Submit. They embrace greater than 75 allegations of misconduct—rape and sexual assault included—by financial institution workers, saying the incidents had been internally reported from 2000 to 2011.
“Firm data point out that Goldman permits or facilitates a tradition the place male professionals view girls as sexual objects, resulting in substantial numbers of incidents of alleged sexual assault and harassment,” the lawsuit states.
The go well with alleges a protracted listing of particular abuse in opposition to completely different girls by male colleagues between 2000 and 2001, with a minimum of seven girls reporting “legal sexual assault, tried rape, or rape by male Goldman workers.”
In a single occasion, a lady alleged {that a} male supervisor “repeatedly made sexually suggestive feedback and overtures throughout enterprise journeys.” In one other alleged incident, “one male supervisor took his feminine worker to an deserted workplace ground and propositioned her for intercourse; he individually known as her and stated he was masturbating to the sound of her voice,” the go well with states.
Throughout the identical 2000-2011 interval, the paperwork state, “a minimum of seven girls reported legal sexual assault, tried rape, or rape by male Goldman workers.” In response to the allegations, one feminine worker was “drugged and raped” by a male worker after an organization baseball sport, one other was “persistently harassed, groped, and propositioned for intercourse” by a supervisor, and a 3rd, whereas she was sick, was adopted into her residence by a male government who “acquired in her mattress” and “put her hand on his crotch.”
The courtroom paperwork allege “Goldman is conscious of those issues, and it tolerates managers who interact in gender stereotyping, sexual harassment, and/or gender favoritism.”
They add: “Males who interact in these behaviors are sometimes protected or given a slap on the wrist (if that), and the issues stay wholly unaddressed…Goldman has didn’t appropriate identified disadvantages for ladies brought on by its widespread insurance policies and has maintained a tradition of gender stereotyping and bias.”
When contacted by Fortune in regards to the lawsuit, a Goldman Sachs spokesperson replied:
“The Plaintiffs’ presentation of the complaints doesn’t replicate actuality at Goldman Sachs. Many are 20 years outdated and have been offered selectively, inaccurately and are incomplete. Discrimination, harassment and mistreatment in any type are unacceptable at Goldman Sachs, and when recognized, swift motion, together with termination, is taken. Out of respect for the individuals concerned, we’re not going to touch upon the person complaints.”
The Wall Avenue big will get an opportunity to defend itself in courtroom: On Thursday, a choose established a trial date for subsequent June 5 within the US Southern District of New York.
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Originally published at Gold Coast News HQ
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