A federal jury in the Southern District of New York has awarded a woman fired by a German bank’s New York office almost $4 million in a sex discrimination and retaliation case.
In Zakre v. Norddeutsche Landesbank Girozentrale, 03 Civ. 257, Beverly Zakre was awarded roughly $1.3 million in back pay and benefits, $100,000 for emotional distress and $2.5 million in punitive damages. Zakre, who was a vice president and head of capital markets, filed her complaint in January 2003, alleging a pattern of discrimination at the bank against women. She also said she was demoted in February 2005 in retaliation for her sex discrimination complaint. The bank fired Ms. Zakre in July 2005.
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