A $215 million settlement has been filed in a recent class action case against Goldman Sachs. The plaintiffs allege a comprehensive bias against women with regards to pay and promotions. The plaintiffs in this case consist of 2,887 female vice presidents and associates both current and former employees, all of whom worked in investment banking, investment management and securities. After legal fees and costs, each employee involved in this class action could receive a payout of approximately $47,000.
This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.