Bank of America

Wall Street and high-tech sex harassment scandals offer a lesson for Hollywood: Change won't happen quickly

Wall Street and high-tech sex harassment scandals offer a lesson for Hollywood: Change won't happen quickly

The history of gender harassment scandals on Wall Street and in the high-tech world is filled with breakthrough moments.

There are the huge discrimination settlements by big financial firms, including $150 million paid by Smith Barney to settle complaints related to a 1996 lawsuit and $39 million paid by Bank of America in 2013 to settle gender bias claims against its subsidiary Merrill Lynch.

In Silicon Valley, investment executive Ellen Pao lost her 2012 lawsuit against her former employer, the storied venture firm Kleiner Perkins Caufield & Byers, but the case opened many eyes to the systematic exclusion of women from the vast opportunities for advancement and wealth...

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