Goldman Moves to Settle Gender-Pay Lawsuit for About $200 Million
- The class-action suit is scheduled to go to trial next month
- Bank has denied allegations by Cristina Chen-Oster and others
Goldman Sachs Group headquarters in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Goldman Sachs Group Inc. is racing to settle one of Wall Street’s biggest gender-discrimination cases, a move that could help avoid the spotlight and embarrassment of a class-action trial that’s weeks away.
The company has discussed figures that may reach about $200 million with lawyers representing Cristina Chen-Oster and other plaintiffs in the class-action lawsuit, according to a person familiar with the matter.