Five years after the #MeToo movement swept corporate America, a landmark trial scheduled to start this week could have kicked off a new round of reckoning on Wall Street. Instead, the case has quietly settled out of court, Fortune is the first to report.
In 2018, a veteran investor named Sara Tirschwell sued her former employer, bond giant TCW Group, alleging that she had been sexually harassed by her boss and then fired in retaliation for reporting it. Over the past five years, her lawsuit has been closely watched as one of the first—and only—post-#MeToo efforts to hold a large financial firm publicly accountable for Wall Street’s widely-acknowledged sexist culture.
