Ex-Wall Street broker wins $1.2M award four years after complaining of harassment
Added 05-13-19 05:13:02am EST - “Goldstein won a $1.2 million award when the Financial Industry Regulatory Authority, an oversight body that handles arbitration cases on Wall Street, found in her favor, four years after she filed a complaint against BGC Financial.…” - Nydailynews.com
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When broker Jennifer Goldstein complained to her bosses about sexual harassment within the Wall Street firm where she worked and by clients, she figured they would help her find a solution.
In March, Goldstein won a $1.2 million award when the Financial Industry Regulatory Authority, an oversight body that handles arbitration cases on Wall Street, found in her favor, four years after she filed a complaint against BGC Financial. The original complaint sought compensatory damages of $30 million and punitive damages of $30 million.
FINRA arbitrators agreed that Goldstein had been subjected to a hostile work environment at BGC Financial and retaliation. A copy of the FINRA award was seen by the Daily News. FINRA declined to comment on the decision.
A spokeswoman for BGC Financial told The News, “I think the number speaks for itself," and declined further comment.
“To have them decide in my favor, I felt vindicated," Goldstein told The News. "What happened, happened. There wasn’t a question about it anymore. They couldn’t say I was a liar. I felt a sense of relief. But I’m still without a career.”
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