Bloomberg Law
July 10, 2019, 4:30 PM UTCUpdated: July 10, 2019, 8:31 PM UTC

Goldman Women Ask Court to Revisit Gender Pay Class Ruling (1)

Peter Hayes
Peter Hayes
Reporter

A group of Goldman Sachs & Co. women are asking a federal court to reject a magistrate judge’s trimming of a class action challenge to the company’s compensation policy.

The suit alleges that Goldman’s company-wide policies and practices, including its “360-degree” employee review policy, results in less pay and fewer promotions for female workers ranging from associates to managing directors to partners.

The magistrate judge over-stepped his power when he ruled that the discussion of compensation at trial will be allowed only as it relates to other performance and promotion policies, the plaintiffs said in a July 9 motion for ...

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