Former BoA female banker settles 'bro's club' bias lawsuit

Is your firm/group a 'bro's club'? How much do you think the settlement was for?

Bank of America Corp (BAC.N) has settled a lawsuit by a former top female banker who had accused it of being a "bro's club" that favored male employees over women, and punishing her because she complained about questionable activity.

Terms of the settlement of Megan Messina's lawsuit were not disclosed in a Wednesday filing in Manhattan federal court. The filing said the case was dismissed and cannot be brought again.

Messina, a former co-head of global structured products, had in May accused the second-largest U.S. bank by assets of underpaying her and other women relative to men.

She also said the Charlotte, North Carolina-based bank wrongfully suspended her in retaliation for accusing the other structured products chief, who she said was paid more than twice as much, of improper conduct.

http://www.reuters.com/article/us-bank-of-america-lawsuit-genderbias-id…