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CASE STUDIES — Same Sex Harassment #216


Case Study

SAME SEX HARASSMENT INTERRUPTS STAR INVESTMENT BANKER’S CAREER


NATURE OF CASE:

Same sex harassment (male on male) at a large international securities firm.

OUTCOME:
The New York Stock Exchange arbitration panel awarded approximately $750,000 to plaintiff for damages resulting from the same-sex harassment.

ATTORNEY:
Patricia M. Lucas and Shawna M. Swanson, Fenwick & West LLP, Palo Alto, California represented plaintiff in this matter heard by a New York Stock Exchange arbitration panel.

ATTORNEY COMMENT:
According to Pat Lucas, Richard Andersen was able to convince the arbitration panel, who were openly skeptical at first, that plaintiff had suffered a significant loss of career momentum. In particular, Mr. Andersen was able to explain why plaintiff, despite his quick rise to success and substantial income within his firm, would not be able to match and to continue to grow his income elsewhere without taking time off to earn an MBA. In a proceeding in which no depositions had been taken, Mr. Andersen handled defendant’s cross-examination quite effectively, finding opportunities to repeat or expand his articulation of his opinions.



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