New York, NY: Citigroup is facing a potential gender discrimination
class action brought by five former directors and analysts and one current employee.
The suit, which was filed on behalf of women at job levels from analyst to managing director, alleges that Citigroup is an "outdated boys club" and claims "systematic and pervasive discrimination and retaliation" in decisions involving compensation, promotion and termination.
Reports indicate that female finance managers, which include bank tellers as well as executives, earned 63.9 cents for every dollar of income men earned in 2000, based on median salaries, according to Government Accountability Office statistics analyzed by Bloomberg.
Bloomberg further reports that in 2007, the last year for which data are available, the figure was 58.8 cents.
The plaintiffs are seeking unspecified damages.
