Goldman Bias Ruling Would Set Dangerous Precedent: Chamber

Law360, New York (April 9, 2012, 2:31 PM EDT) -- The U.S. Chamber of Commerce told the Second Circuit last week that it would set a dangerous precedent if a former Goldman Sachs & Co. employee is allowed to nullify a binding arbitration clause because she filed her gender bias claims against the bank as a class action.

The powerful lobbying group filed an amicus brief April 3 urging the appellate court to reverse a New York federal magistrate's decision that said Goldman's individual arbitration clause with Lisa Parisi was unenforceable because she had a right...
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