Voelker voiced "strong objections" to the idea and reiterated her desire to become a director. But she said the company retaliated against her by promoting her male peer who continued to cover her arbitrage accounts, "greatly reducing her ability to attain high-revenue figures" for the desk.
The suit details other complaints, including a smaller bonus compared with those given to her male peers, reduced duties to a "vague and undefined marketing role" with "no clear career trajectory and absolutely zero visibility."
Voelker said her employer retracted its demotion and "retroactively claimed" she had the option to stay in her previous role after her attorney sent the bank a letter.
She is suing Deutsche Bank for unlawful and discriminatory conduct in violation of the Equal Pay Act and seeking an award of monetary damages and attorneys' fees. As an eligible employee under the Family and Medical Leave Act and the bank's maternity leave policy, she said she was entitled to 16 weeks of protected leave, without having her role at-risk upon her return.
The suit claims the bank's "unlawful and discriminatory actions constitute malicious, willful and wanton violations" of the New York City Human Rights Law.