Bridgewater Associates and Eileen Murray Reach Settlement

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Eileen Murray, the former co-CEO of Bridgewater Associates, has reached a settlement with the company.

The settlement was made public in a court filing.

Bridgewater Associates is a global investment management firm.

Murray was co-CEO of the company from 2017 to 2020.

For your interest: Bridgewater Associates Ceo

Bridgewater Lawsuit

Eileen Murray has filed a lawsuit against Bridgewater Associates, alleging that the firm withheld her deferred compensation after she disclosed her gender discrimination and breach of contract dispute with the Financial Industry Regulatory Authority (FINRA).

Murray's lawsuit claims that Bridgewater is "brazenly hypocritical" in its actions, publicly avowing transparency while punishing those who report facts damaging to its image.

She is seeking a declaratory judgment from the court that her public disclosures do not allow Bridgewater to forfeit her deferred compensation, which she estimates is worth between $20 million and $100 million.

Bridgewater Lawsuit Heats Up

Eileen Murray's lawsuit against Bridgewater Associates is heating up, with new allegations of "brazen hypocrisy" at the $140 billion asset manager.

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Murray, a former co-CEO of Bridgewater, is seeking a court order that public disclosures of her gender-discrimination dispute won't void her right to earn millions of dollars in deferred compensation.

She estimates she's owed between $20 million and $100 million for deferred compensation benefits she earned in 11 years of working at the firm.

Murray's lawsuit alleges that Bridgewater defamed her by making a false public statement that there's "no merit" to her public disclosure of her dispute with the firm.

Bridgewater's website currently features a photo of Murray on its "diversity and inclusion" page, with the headline, "Eileen Murray on Why Leaders Need to Care about Diversity."

The hypocrisy is indeed astonishing, as Murray's complaint points out.

Murray's legal team has filed an amended complaint with the United States District Court of Connecticut, clarifying the specific legal grounds for the lawsuit.

Bridgewater and Murray Reach Amicable Agreement

Eileen Murray, Bridgewater's former co-CEO, has come to a resolution in her lawsuit against the company.

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The lawsuit was filed in late July, alleging discrimination, unequal pay, and breach of contract.

Murray and Bridgewater have agreed to an amicable and fair settlement.

This is the second dispute that Bridgewater has settled in recent months.

Bridgewater and Tekmerion Capital Management settled their case in late August.

Bridgewater's spokesperson confirmed the news, stating they are pleased with the amicable resolution.

Eileen Murray is proud of her time at Bridgewater, citing her contributions to the company's growth and diversity initiatives.

She will always be a valued member of the Bridgewater community, according to the spokesperson.

Lola Stehr

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Lola Stehr is a meticulous and detail-oriented Copy Editor with a passion for refining written content. With a keen eye for grammar and syntax, she has honed her skills in editing a wide range of articles, from in-depth market analysis to timely financial forecasts. Lola's expertise spans various categories, including New Zealand Dollar (NZD) market trends and Currency Exchange Forecasts.

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