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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-05-09T18:14:00
Goldman Sachs agreed to pay $215 million to settle a class-action lawsuit that accused the bank of pay and advancement discrimination against female vice presidents and associates.
The bank and four female plaintiffs reached settlement, although the agreement still must be approved by the federal judge overseeing the case in U.S. District Court for the Southern District of New York, the plaintiffs’ counsel at law firm Lieff Cabraser Heimann & Bernstein announced in a press release Tuesday. A jury trial had been scheduled to begin June 7.
As part of the settlement, Goldman Sachs agreed to hire an independent expert to assess its performance evaluation process and gender pay equity.
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News and analysis for the well-informed compliance or audit exec.
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Our lowest price ($1 per day) for one year.
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2023-08-17T18:26:00Z By Kyle Brasseur
Goldman Sachs agreed to pay $425,000 as part of a settlement with the Financial Industry Regulatory Authority addressing allegations of reporting and supervision violations regarding more than 1 million over-the-counter options positions.
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Legal scholar Joan Williams’s book delivers an avalanche of evidence-based research on structural biases in the workplace and teaches how to course correct broken systems over time by interrupting basic business functions now.
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It’s been a trying time for staff at firms with redundancies, affecting morale as layoffs mount amid an effort to silence dissent in the ranks for those departing.
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Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
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Keeping track of regulations and understanding how they affect your business can be a hot mess without proper organization and collaboration, experts said at Compliance Week’s Women in Compliance Summit, held June 3-4, in Atlanta.
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