GE Sued for Gender Discrimination
Lorene Schaefer, a female attorney at General Electric Co., is filing a lawsuit against GE for underpaying and underpromoting its female employees. 13 GE officers and directors also are named in the lawsuit, including Chairman and Chief Executive Jeff Immelt. Schaefer's suit is hoping for class-action status and seeks $500 million on behalf of 1,500 to 1,700 female GE employees.
Schaefer's court papers said of her lawsuit: "This lawsuit is designed to achieve systemic injunctive relief to change GE's discriminatory pay and promotions practices and policies." GE spokesman Gary Sheffer denies the charges and says that GE will fight the allegations.
Related Links:
Legal View: Securities
Why Women Get Paid Less
GE Attorney Alleges Gender Discrimination in Lawsuit
Lawsuit: GE Discriminates Against 1,500 Female Workers
GE Loses Its Battle With Insurers Over Asbestos Lawsuits