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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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Posted By TheNewsCommenter: From Nydailynews.com: “Ex-Wall Street broker wins $1.2M award four years after complaining of harassment”. Below is an excerpt from the article.

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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