Goldman Sticks With Arbitration for Sexual-Harassment Claims (1)

Goldman Sachs Group Inc. won’t stop sending employees who claim they were harassed into arbitration, but will allow some workers to waive the confidentiality of decisions.

“The firm’s review established that the general concerns raised about the use of arbitration agreements are not applicable to Goldman Sachs’ arbitration program or experience,” the bank said in a report on its website. “Nevertheless, the firm takes seriously the shareholder concerns, which are genuine and strongly held.”

The decision represents a loss for critics of the system of forced arbitration, a kind of alternate justice system that allows corporations to keep some fights ...