Aug 30, 2020 - Economy

Carta replies to gender discrimination lawsuit, denies all claims

Illustration of a briefcase with a female symbol shaped hole.

Illustration: Aïda Amer/Axios

Carta, an equity management "unicorn," has filed its response to a former executive's gender discrimination lawsuit, denying all her claims and disputing some allegations, including that the increase in her pay was due to a gender-based disparity.

Why it matters: Regardless of the legal outcome, the case won't do any PR favors for Carta, which is using the same lawyer that venture capital firm Kleiner Perkins used when it faced a gender discrimination lawsuit.

  • Carta's legal reply on Thursday has not yet appeared in the court's online filing system, but Axios received a copy from a representative for the plaintiff.

Editor's note: The story has been updated to clarify that Carta did increase Kramer's pay, but not due to a gender pay gap.

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