Gender Discrimination Lawsuit Against Point72 Asset Management, Steven Cohen

In a recently-filed lawsuit, captioned Lauren Bonner v. Point72 Asset Management, L.P., Steven A. Cohen, et al (SDNY 18-cv-1233 filed 2/12/18), plaintiff asserts, among other things, that defendant engaged in gender discrimination by, e.g., holding “no girls allowed” meetings and paying female employees “substantially less than their male counterparts.”

She also alleges that the President of the defendant company wrote the word “Pussy” on the whiteboard hanging in his office and left it there for weeks.

The complaint’s “Summary of Claims” is a pithy quote attributed to Point72’s Chief Legal Officer, stating “The reality is that this is just a really tough place for women and that’s not going to change.”

Plaintiff asserts claims for pay discrimination under the federal Equal Pay Act, 29 U.S.C. §§ 206 et. seq. and New York Labor Law § 194, as well as gender discrimination and retaliation under the New York State Human Rights Law and the New York City Human Rights Law.

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