On Monday, June 11, 2018, CNBC published an interview with Wigdor LLP client Lauren Bonner, during which she discussed allegations of systemic gender discrimination and unequal pay as set forth in a lawsuit filed against Point72 Asset Management L.P. (“Point72”) and its billionaire founder, Steven A. Cohen.
During the interview with CNBC reporter Leslie Picker, Ms. Bonner discussed why she felt that more women in finance haven’t spoken out about gender discrimination on Wall Street: “There’s a reason that more stories haven’t come out — and it’s not for lack of stories. They haven’t come out because of this small, boys’ club culture that you really have to know other people to get jobs, and so there’s a real fear that you won’t land another job if you upset the apple cart in any way.”
Ms. Bonner also highlighted some of the reasons why she decided to file a lawsuit against Point72, rather than simply find a new job: “I just couldn’t walk away from the problem. It’s too important, it’s too blatant, and it’s been going on for far too long. I just couldn’t help but fight it.”
— Wigdor Law (@WigdorLaw) June 11, 2018
Watch the full interview below.