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The lawsuit, filed with the US District Court in Boston late last month, claims that the lead administrative assistant title does not qualify as a managerial position, meaning that Smith - and all others who hold the same title at Blackstone offices across the country - are entitled to overtime pay.
Smith also contends that she was illegally demoted from her role in August of 2009 due to time constraints placed upon her by her pregnancy.
"While we cannot comment on specific litigation, Blackstone is committed to following the letter and the spirit of all applicable labor laws," a Blackstone spokesman told the news provider.