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Goldman Narrowly Defeats Carlson-Backed Arbitration Vote

  • Arbitration provides a ‘false sense of protection,’ she says
  • Almost half the firm’s investors vote for shareholder proposal
Gretchen Carlson
Gretchen CarlsonPhotographer: Dimitrios Kambouris/Getty Images
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Goldman Sachs Group Inc. faced an unexpected antagonist at its annual meeting Thursday as it keeps harassment complaints confidential -- Gretchen Carlson -- and almost half of shareholders sided with the former Fox News anchor.

Carlson, an early figure in the #MeToo movement after her lawsuit against longtime Fox News chief Roger Ailes led to his ouster and a movie, asked fellow Goldman Sachs shareholders to vote in favor of a measure on this year’s proxy that would force the bank to publish a report on how mandatory-arbitration affects its staff and the workplace. The proposal was defeated, but received the backing of 49% of shareholders.