Breaking News
Get 60% Off 0
Cyber Monday Deal: Up to 60% off InvestingPro
CLAIM SALE

Ellen Pao sought $2.7 million to settle Kleiner lawsuit - filing

Published Jun 05, 2015 21:17
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. Ellen Pao speaks to the media after losing her high profile gender discrimination lawsuit against venture capital firm Kleiner, Perkins, Caufield and Byers in San Francisco

By Dan Levine

(Reuters) - Ellen Pao, a former partner at Kleiner, Perkins, Caufield and Byers, sought a $2.7 million settlement after a jury rejected her claims that the venture capital firm discriminated against her, according to a court filing on Friday.

A San Francisco jury cleared Kleiner Perkins in March of claims it short-circuited Pao's career because she is a woman, a case that helped spark a wide discussion about gender at the centre of the U.S. technology industry. Pao has said she will appeal.

After the verdict, Kleiner sought to recover about $973,000 in litigation costs from Pao, a figure Pao claims is unwarranted. Kleiner offered to waive its costs request if Pao chose not to appeal.

In a court filing on Friday, Kleiner said Pao offered after the verdict to drop the case for $2.7 million. Kleiner spokeswoman Christina Lee said the firm "has no intention of accepting this unreasonable demand."

A spokeswoman for Pao declined to comment. The $2.7 million figure was earlier reported by tech website Re/code.

Ellen Pao sought $2.7 million to settle Kleiner lawsuit - filing
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email