Fired S&P Exec Files $20M Sex Bias Suit

Law360, New York (March 23, 2009, 12:00 AM EDT) -- A former managing director in Standard & Poor’s structured-finance ratings group has reportedly launched a $20 million lawsuit accusing the bond-rating subsidiary's parent company McGraw-Hill Cos. Inc. of discriminating against female employees by targeting them in a rash of recent job cuts.

Rosario Buendia's complaint, filed March 6 in the Supreme Court of New York County, claims that S&P handed pink slips to at least five female executives and replaced them with men as part of the company's reorganization of S&P that resulted in the elimination...
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