Bridgewater Hedge Fund Settles Ex-CEO's Gender Bias Suit

Law360 (October 5, 2020, 10:19 PM EDT) -- The former co-chief executive officer of the Connecticut-based hedge fund Bridgewater Associates, who now serves as chairperson of the Financial Industry Regulatory Authority, reached a settlement with her former employer Monday resolving a federal gender bias suit alleging unequal treatment and significant unpaid compensation due her.

Eileen Murray said Monday the parties have resolved a suit she brought in Connecticut federal court in July alleging Bridgewater attempted to withhold her deferred compensation package worth an estimated $20 million to $100 million after she spoke out about her dispute with the hedge fund over alleged unequal treatment.

"After thoughtful discussions with Bridgewater, we have...

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