Wall Street Adds 'Weinstein Clause' To Deals Because Of #MeToo Movement

  • 6 years ago
According to a report by Business Insider, Wall Street dealmakers have put new provisions in place to protect clients in light of the #MeToo movement. Bloomberg News reports that the so-called "Weinstein Clause" is gaining popularity on Wall Street, as it provides a buyer client from past scandals among senior executives at the selling company.