•   
  •   

World Goldman Sachs attempted to cover up sexual misconduct, lawsuit claims

02:02  27 october  2020
02:02  27 october  2020 Source:   reuters.com

Goldman Sachs to pay US $2.8bn over 1MDB scandal: report

  Goldman Sachs to pay US $2.8bn over 1MDB scandal: report Global financial titan Goldman Sachs is preparing to admit wrongdoing in the massive 1MDB Malaysian bribery scandal and pay the US government $2.8 billion, The Wall Street Journal reported Tuesday. The deal would end the criminal probe into the corruption case involving the Malaysian government's investment fund, the newspaper reported, citing people familiar with the matter. An Asian subsidiary involved in the case is expected to plead guilty this week, allowing Goldman to avoid pleading guilty -- a key development, as such a plea would damage its ability to do business, according to the report.

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed . The lawsuit was filed by Marla Crawford, a former associate general counsel at the bank

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New

NEW YORK (Reuters) - Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed.

FILE PHOTO: FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney © Reuters/David Gray FILE PHOTO: FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney

The lawsuit was filed by Marla Crawford, a former associate general counsel at the bank, against Goldman Sachs, the bank's General Counsel Karen Seymour and its Global Head of Litigation, Darrell Cafasso.

The lawsuit claimed Cafasso used his position of power to "romantically prey upon a much younger and vulnerable female colleague."

Antitrust lawsuit: A turning point for Google - and the entire tech industry

 Antitrust lawsuit: A turning point for Google - and the entire tech industry The US government is targeting Google. This not only affects the search engine giant, it could also shake Silicon Valley. Why this is just the beginning - and why Donald Trump is striking right now. © ddp images Is Google just the first Silicon Valley company that the US Department of Justice is now doing seriously? The PR crisis experts of the Silicon Valley high-tech icons, above all those from Google, of course, are currently in top form.

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit Crawford, who was a confidant of the alleged victim, attempted to speak up about the alleged misconduct , the lawsuit said, and was subsequently fired

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit Crawford, who was a confidant of the alleged victim, attempted to speak up about the alleged misconduct , the lawsuit said, and was subsequently fired

Crawford, who was a confidant of the alleged victim, attempted to speak up about the alleged misconduct, the lawsuit said, and was subsequently fired after 10 years of "exemplary performance."

Seymour and Goldman hired law firm Weil, Gotshal & Manges LLP to conduct an investigation with the intention to quickly "sweep it under the rug," the lawsuit claimed. Cafasso returned to work after two weeks, while the alleged victim - who is unnamed in the lawsuit - left the bank, it said.


Video: Australia Post's CEO asked to stand aside (ABC NEWS)

Seymour declined to comment. Cafasso was not available for comment.

Goldman Sachs rejected the claims in the lawsuit.

"We conducted a review of the allegations in this complaint and found that they were completely without merit," a spokeswoman said.

Egypt sex attacks fuel 'feminist revolution'

  Egypt sex attacks fuel 'feminist revolution' Women and girls are fighting back against sexual harassment like never before.Every woman I know in Egypt has a story of sexual harassment, assault or rape.

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a The lawsuit was filed by Marla Crawford, a former associate general counsel at the bank, against Goldman Sachs , the bank's General Counsel

Goldman Sachs attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed . The lawsuit was filed by Marla Crawford, a former associate general counsel at the bank

"The General Counsel took all appropriate actions, including ensuring there were thorough investigations by our HR function, after the incidents that form the basis of the plaintiff's complaint," she added.

As part of a broader legal division restructuring, Crawford was offered her same job in a different location, an opportunity she declined, the Goldman Sachs spokeswoman said.

In a statement issued by her lawyer, Crawford said: "As a lawyer and professional, I always try to stand up for what is right. Unfortunately for Goldman’s top lawyers, that made me a liability. I will hold Goldman and its senior lawyers accountable for the blatant retaliation perpetrated against me.”

(Reporting by Matt Scuffham; editing by Edward Tobin)

Photo of the Day .
Photo gallery

usr: 3
This is interesting!