March 10, 2015 / 10:30 PM / in 3 years

U.S. judge recommends no Goldman gender-bias class action

NEW YORK (Reuters) - A federal judge on Tuesday recommended against certifying a class-action lawsuit in which current and former female employees at Goldman Sachs Group Inc (GS.N) accused the Wall Street bank of gender-based bias in pay and promotions.

The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson

While saying “this is a close case,” U.S. Magistrate Judge James Francis said there were not enough common issues among the proposed class members to justify letting them sue as a group.

The judge’s recommendation now goes to U.S. District Judge Analisa Torres, who will decide whether to accept it.

Reporting by Nate Raymond Jonathan Stempel in New York; Editing by Phil Berlowitz

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below