Former GC Claims Investment Advising Company ‘Substantially Underpaid’ Female Executives

A Florida woman filed an employment discrimination suit in Illinois federal court this week against her former employer and its CEO claiming the investment advising company paid its male colleagues substantially more money than its similarly situated female employees. She also claims the Chicago-based company refused to compensate her for an equity ownership interest she was promised in her employment agreement.

Takeaway: The lawsuit signifies a larger trend of employees seeking judgments against their former employers under civil rights claims, with data from Law.com Radar identifying over 60 employment discrimination cases also filed in the same Northern Illinois district court since the start of the new year.

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