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Former Partner Can Pursue Punitive Damages Against Venture Firm Kleiner

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Ellen Pao arrives at San Francisco Superior Court in San FranciscoBy Sarah McBride SAN FRANCISCO (Reuters) - A judge in a high-profile gender discrimination lawsuit will allow a former partner at venture firm Kleiner, Perkins, Caufield & Byers to seek punitive damages, adding to the potential pricetag for the firm if it loses the case. In his ruling Saturday, San Francisco-based Judge Harold Kahn wrote that former Kleiner partner Ellen Pao could ask a jury for punitive damages, which could run into the tens of millions of dollars or more. First, however, she must convince the jury that the firm engaged in intentional gender discrimination and retaliation, and that the firm acted with malice. Punitive damages would add to the $16 million Pao is seeking in lost wages and compensation in her lawsuit, which has helped spark a broad, ongoing discussion on gender issues in Silicon Valley.




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