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Liability Risk and Insurance

Investment bank sued for $1.4bn

A German investment bank in the US is being sued for $1.4bn by six female employees. The women are suing for gender discrimination, alleging that they were denied equal pay. Reports say that they also allege that women were hired as “eye candy.” The lawsuit was also reported as saying that “the glass ceiling is alive and well…women are treated as second-class citizens.”

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