Law Forum : JPMorgan Will Pay $24 Million to End Lawsuit From Black Advisers

Clyde C Coger Jr

Well-Known Member
PREMIUM MEMBER
Nov 17, 2006
60,784
11,960
www.amazon.com
Occupation
Speaker/Teacher/Author
...
:great:


JPMorgan Will Pay $24 Million to End Lawsuit From Black Advisers


https://finance.yahoo.com/news/jpmorgan-pay-24-million-end-090000691.html
...Six current and former employees at the largest U.S. bank filed what they asked to be a class action, alleging discrimination that’s “uniform and national in scope.” Instead of fighting it in court, the bank agreed to pay $19.5 million to the members of the class, according to Aug. 31 filings; it will also put $4.5 million into a fund that will back recruitment, bias training, a review of branch assignments and a coaching program for black advisers.



Max Abelson
Bloomberg

6499dd8501e282b7cc85020ea763c394

Signage is displayed outside a JPMorgan Chase & Co. office building in New York, U.S., on Wednesday, April 11, 2018. JPMorgan Chase & Co. is scheduled to release earnings figures on April 13

 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Latest profile posts

Destee wrote on beautifulblkw's profile.
Hi Sister!!!! :wave: :wave: :wave: So good to see you! Thanks for coming home! YAAAAAY! :yaay: Much Love and Peace! :love:
Massey Ferguson Tractors and farm implements for Sale in Africa especially in Botswana, Kenya, Tanzania, Zambia, Ghana, Nigeria and many more. Our tractor company in Africa having huge stock of brand new tractors and farm implements for tractor dealers.
sekou kasimu wrote on ZIbijah's profile.
Have you read "The Iceman Inheritance: Prehistoric Origins of Western Man's Racism, Sexism, and Aggression"?
$1 Billion Black dollars in 30 days
Destee wrote on Marcchris's profile.
Hi @Marcchris ... Welcome Welcome Welcome!!! :wave: ... Thanks for joining us AND becoming a Premium Member! :cheerleader: ... I am honored. Please make yourself right at home! Much Love and Peace.
Top