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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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On The Flip Side, Goldman Wins 'Mommy Track' Lawsuit
The bias lawsuit by a former VP who said Goldman Sachs pushed her onto the “mommy-track” and eventually fired her after she chose to work part-time following her pregnancy is 'history'. U.S. District Court Judge Robert Patterson dismissed the case brought by Charlotte Hanna in a 2-sentence order filed late Thursday.
In her complaint, Ms. Hanna said she joined Goldman as an associate in 1998 and 2 years later was promoted to VP for Goldman Sachs University, an in-house training program. She claimed her opportunities for advancement at Goldman disappeared when she took maternity leave with her first child in February 2005. She claimed that once she began working part time for the firm, she was channeled into lower positions that made it more difficult for her to earn more money and advance to better positions. She claimed she was demoted, lost her office and then, in 2008, was fired before she returned from a 2nd maternity leave.
The case is Hanna v. Goldman Sachs Group Inc., 10-cv-02637, U.S. District Court, Southern District of New York (Manhattan). [Bloomberg, 11/8; Reuters, 11/5]

