FALLON, Texas — Federal prosecutors have agreed to pay $300 million to a former Goldman Securities employee who filed a class-action lawsuit alleging she was fired for her sexual orientation after she accused her supervisors of violating her privacy.
The settlement, which was announced Monday in U.S. District Court in Fort Worth, comes on the heels of a separate settlement of $100 million for a former employee who also claimed she was denied a promotion because of her sexual identity, according to the suit.
The case was settled in March 2017.
In the first settlement, a former senior executive was named in a class action lawsuit filed in July 2017 alleging that she was disciplined for reporting her employer’s sexual harassment policy to superiors.
The company settled the lawsuit in November 2017.
The former employee also alleged that her sexual harassment complaint was ignored by the company’s leadership until the day she was asked to resign, and that she had no right to complain to supervisors.
The lawsuit filed last month alleged that she and her coworkers were repeatedly harassed and retaliated against after she filed a sexual harassment discrimination complaint.
A federal grand jury indicted a former executive at the investment bank on charges that he sexually harassed, assaulted and retaliating against the former employee, the lawsuit alleged.
Former Goldman Sachs senior vice president Matthew M. Smith was indicted in May 2018 on charges of sexual harassment and discrimination, according the Securities and Exchange Commission.