Goldman Sachs opposes naming male executives in mass sexual assault lawsuits

Image for article titled Goldman Sachs argues against naming male executives in mass sexual assault lawsuits

photo: Michael M Santiago (Getty Images)

In what “Wall Street’s biggest gender suit‘ the names of two executives at Goldman Sachs, the male-dominated investment banking firm, remain defaced despite sordid accusations from former female employees describing a range of inappropriate behavior. But sources with “direct knowledge” of the deposit revealed themselves Bloomberg that the two executives Tucker York, Global Co-Head of Consumer and Wealth Management, and Gary CohnPresident of the firm before becoming a top economic adviser in the Trump administration.

The class-action lawsuit alleging sex discrimination, which was redacted through September 22, was first filed in 2014 and includes over 75 cases of alleged sexual misconduct and seven criminal charges of rape and attempted rape and sexual assault. However, it’s the misogynistic comments and behavior allegedly committed by York and Cohn – whose names are allegedly “redacted” in the lawsuit – that are currently generating significant publicity. The unnamed plaintiffs in the lawsuit — about 1,400 people — have long argued that the names of the perpetrators should be released. However, Goldman Sachs has claimed that the naming of the executives was “unfair” and “prejudicial”.

One passage claims York told his assistant in 2003 that she would be a “trophy wife”. She later complained about his alleged remarks in a letter after he expressed his dissatisfaction with her work. The letter quotes York as responding to their engagement with the comment, “That ring says you don’t need this job.” Human resources reportedly told the assistant to feel flattered after reaching out to her about the matter. Ultimately, she was directed to find another executive within the company to work for.

“York is an exceptional and well-respected leader at Goldman Sachs with a 36-year track record of proven commitment to the advancement of women at the firm,” said the bank’s spokeswoman Bloomberg. The assistant’s allegation “does not accurately reflect what happened nearly 20 years ago and is an incomplete account, as are any selective disclosures chosen by plaintiffs.” York, in particular, is one of the firm’s longest-serving partners.

Cohn, on the other hand, was accused by a staffer of “checking through” her “up and down.” He also allegedly had a reputation for inappropriate behavior, particularly towards young women. “The court expressly dismissed plaintiffs’ repeated attempts to publicly identify Goldman Sachs executives and agreed that there was little public interest in unsworn hearsay complaints from decades ago and that it would be unfair and prejudicial to those individuals to to identify,” a spokeswoman for the company said in a statement Bloomberg. “This is disappointing Bloomberg disregarded the reasoning of the court.”

“It’s interesting to me that they fight so hard to keep these names private,” says Gretchen Carlson, a former Fox News host #I also whistleblower who is pronounced about Goldman Sach’s arbitration policy Bloomberg.

The company’s arbitration policy has disappeared say everything, like that of Jamie Fiore Higgins, former Goldman Sach executive, and protracted litigation like this one. After years of back and forth, the suit is finally coming to court next June.

Corresponding Bloomberg, Over the past decade, a single woman can be counted among the dozen executives who have made up the leadership of Goldman Sachs. Insert shock here. Goldman Sachs opposes naming male executives in mass sexual assault lawsuits

Adam Bradshaw

TheHitc is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button