Goldman Can't Force Arbitration In Sex Bias Action: Judge

Law360, New York (July 11, 2011, 3:29 PM EDT) -- A federal judge in New York on Thursday refused to reconsider his decision to deny Goldman Sachs & Co.'s bid to mandate arbitration in a putative class action accusing the financial giant of sex discrimination.

U.S. Magistrate Judge James C. Francis ruled in April that plaintiff Lisa Parisi's employment agreement with the financial firm included a binding arbitration clause that encompassed her sex discrimination claims. But because class arbitration would not be permitted under the agreement, and mandating arbitration would therefore preclude Parisi from accusing Goldman...
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