Bridgewater Says Ex-CEO Must Arbitrate Gender Bias Claims

By Reenat Sinay (August 12, 2020, 4:10 PM EDT) -- Hedge fund Bridgewater Associates told a Connecticut federal judge Tuesday that its former co-CEO Eileen Murray cannot bring her gender bias suit in court because her confidentiality agreement mandates that she must arbitrate her claims instead.

Murray, who was elected in June to serve as the new head of the Financial Industry Regulatory Authority, sued Bridgewater last month over its attempt to withhold her deferred compensation package worth an estimated $20 million to $100 million after she spoke out about her dispute with her ex-employer over alleged unequal treatment.

Bridgewater said in its dismissal bid that Murray's employment agreement states that...

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