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Report: Goldman Paid $12 mn to Female Ex-Partner who Alleged ‘Sexist Culture’

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Goldman

Goldman

#Goldman Sachs allegedly paid a senior female executive who complained about a hostile work environment for women in the most senior positions at the reputable corporation more than $12 million. In the court case, David Solomon, the storied Wall Street investment firm’s CEO, was accused of boasting about having oral sex.

Two years ago, the finance company allegedly attempted to keep the details of the dispute from becoming public knowledge after reaching a settlement with the former business partner. She said that senior Goldman Sachs executives made lewd and derogatory remarks about women.

The lawsuit also makes the claim that Solomon allegedly made his alleged statement soon after he took over management of the company in 2018. The report, which asserts that the investment bank encouraged a sexist atmosphere, claims that at least three executives overheard Solomon’s alleged utterance at the time. The statement stood out because Solomon, 60, made it in such an unusual way. The bank has vigorously denied the accusations.

According to the report, the company allegedly allowed senior employees to use vulgar and filthy language, and Goldman agreed to pay the female employee “far over” $12 million.

The allegedly delivered secret settlement, which was made two years ago, might be the largest payment of its kind ever made. In order to enhance diversity among the top ranks, Goldman Sachs is reportedly working hard to achieve a settlement.

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