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The Peter Schiff Show Podcast

Since When is Filing a Frivolous Lawsuit Heroic? – Ep. 66

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, News, Investing, Business News

4.65.9K Ratings

🗓️ 31 March 2015

⏱️ 25 minutes

🧾️ Download transcript

Summary


* If an employee sues an employer falsely, the employer has no recourse, because it could be interpreted as retaliation
* Ms. Pao lost not only on her discrimination claim, she also lost on claim that she was retaliated against
* The big problem is the reaction in the media
* The tone in the press is supportive to Ms. Pao, even though she was not telling the truth
* She was suing for $16 million - her motive was greed
* This is not a "victory for women" - it is a loss
* The suit makes employers reticent to risk false gender-based accusations
* The press promise more sexual discrimination cases in the pipeline, suggesting someone might "get lucky"
* Most gender-based lawsuits are never litigated - they are settled for cash
* Employers are not going to discriminate based on gender
* Gender discrimination is a poor business strategy
* This case sends a loud message to employers to avoid the risk of gender based discrimination by avoiding women
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Transcript

Click on a timestamp to play from that location

0:00.0

The Peter Schiff Show.

0:08.8

I want to do a follow up podcast with my reaction to the verdict in the gender discrimination

0:17.7

lawsuit filed against a Clinder Perkins by Ellen Powell.

0:24.1

I did a podcast when the final arguments were made before we received the verdict.

0:31.1

I gave my thoughts on this case.

0:34.4

If you haven't listened to that podcast, you should make a point of also listening to

0:38.6

that one if you're interested in this topic.

0:42.1

But now that we have a verdict, I want to speak a little bit more on the subject.

0:47.9

The verdict, if you haven't heard, was against the plaintiff.

0:55.2

Miss Powell was denied the relief she saw.

0:58.5

I think she was looking for $16 million, a $16 million payday.

1:05.0

She claimed that she was not promoted and then later fired because of her gender.

1:12.0

Although the firing was not necessarily because of her gender, she claimed that she was fired

1:16.8

as a retaliation for the fact that she filed a lawsuit against her employer for not promoting

1:25.3

her, which is also another problem in and of itself.

1:29.2

If you sue your employer falsely, and as I will get to in a minute, the jury concluded

1:35.4

that the lawsuit lacked merit that it was frivolous, that it was false, that there had been discrimination,

1:41.6

they would have found in her favor.

1:43.6

If you are an employer and you are hit with a lawsuit that you believe is false, you

1:49.2

cannot fire your employee for filing that false lawsuit because that is retaliation.

1:56.4

The same thing happened to me.

1:58.5

I had an employee who was male and didn't file a discrimination lawsuit against me, but

...

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