Dresdner Kleinwort: Now With 6% Less Sexism (Note: Figures are estimates. Actual reduction of sexism undisclosed.)

Dresdner Kleinwort is no longer facing a class action lawsuit from six women who alleged the bank was discriminating against women. This morning the news broke that the bank had “read an out of court settlement” with the women. The terms are undisclosed so all we have is a vague outline—the bank didn’t admit to any wrongdoing, but the women are satisfied. We’re going to check with our brother blogger David Lat at AboveTheLaw, but we’re pretty sure that in this case satisfied is a technical legal term meaning “they got a bunch of money.”
Dresdner Kleinwort says U.S. anti-discrimination lawsuit is settled [Market Watch]