Massachusetts S1118 prohibits sexual harassment by professional investors in the state.
Massachusetts S1118 makes it unlawful for professional investors to engage in sexual harassment, including making sexual advances or requests for sexual favors that affect business decisions or create a hostile work environment. The bill allows individuals, entities, or ventures to sue for damages and seek injunctive relief. The attorney general can also bring enforcement actions. The court can award reasonable attorneys’ fees and costs. The bill defines "professional investor" broadly to include banks, investment companies, and venture capital funds.
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