A lawsuit has been filed against the Bank of New York Mellon Corporation by a former female wealth manager. Rochelle Cohen, who had been with the bank in her role for over ten years, was terminated after the company said her position had been eliminated.
Cohen had managed funds totaling over $200 million for a portfolio of over 80 clients during her time working for the Bank of New York. In her suit, she says that she always received excellent evaluations and that her performance was exemplary. Further, the complaint states that she continually complained of unfair treatment. For example, Cohen made numerous complaints that younger male employees were getting paid more than her. She was also passed up for numerous promotions while others were promoted ahead of her.
This combination of both age and sex discrimination is particularly troubling for the area bank. A spokesperson for the bank declined to comment. For more on gender discrimination, check out the video below: