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Goldman Sticks With Arbitration for Sexual-Harassment Claims

  • Decision follows proposal backed by Gretchen Carlson
  • Firm says it ‘takes seriously the shareholder concerns’
Goldman Sachs headquarters in New York.

Goldman Sachs headquarters in New York.

Photographer: Michael Nagle/Bloomberg
Updated on

Goldman Sachs Group Inc. won’t stop sending employees who claim they were harassed into arbitration, but will allow some workers to waive the confidentiality of decisions.

“The firm’s review established that the general concerns raised about the use of arbitration agreements are not applicable to Goldman Sachs’ arbitration program or experience,” the bank said in a report on its website. “Nevertheless, the firm takes seriously the shareholder concerns, which are genuine and strongly held.”