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Binary Capital Settles Harassment Suit That Roiled Silicon Valley

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Now-defunct venture capital firm Binary Capital and its founders are settling a 2017 harassment and discrimination lawsuit brought by former principal Ann Lai that helped sink the firm and played into a larger reckoning about gender in Silicon Valley. 

The settlement terms of the case, much of which involved the use of non-disclosure agreements to prevent employees from speaking out about conduct at the firm, could deter other companies from relying on similar arrangements.