Goldman Sachs has been accused by two former female employees of gender discrimination and fostering a "boys club" atmosphere where sexualization of women was endorsed and celebrated.
"Goldman's discriminatory processes do not arise in a vacuum, but instead are shaped by a common culture of gender stereotyping and hostility towards women at the firm," the plaintiffs alleged in a New York court filing on Tuesday.
The plaintiffs are former vice-president Christina Chen-Oster and former associate Shanna Orlich who on Tuesday filed a brief seeking class-action status for a case that began four years ago and has already seen several twists.
Ms Chen-Oster worked at Goldman Sachs from 1997 to 2005 while Ms Orlich worked at the bank during the summer of 2006 and from July 2007 to November 2008.
"This is a normal and anticipated procedural step for any proposed class-action lawsuit and does not change the case's lack of merit," a Goldman Sachs spokesman said in a statement.