Partner sues prominent venture capital firm

May 22, 2012 5:30:40 PM PDT
A female partner at one of Silicon Valley's most prominent venture capital firms is suing the company for sexual harassment, discrimination and retaliation.

Ellen Pao has been an investment partner at Kleiner Perkins Caufield and Byers since 2005. Her lawsuit claims she's faced six years of problems, ever since she rejected the sexual advances of a male colleague.

Kleiner has issued a statement saying it regrets the situation is being litigated publicly, and it believes the suit is without merit.