Monday, September 9, 2013

Bank of America Pays Out $39 Million for Gender Discrimination

Bank of America (BoA) has settled the gender discrimination case filed against it for $39 million. The suit was brought by about 4,800 female brokers and financial advisors who worked for both BoA and Merrill Lynch (which BoA acquired). What a huge settlement! Sadly, it's probably just a drop in the bucket for Behemoth BoA.

Bank of America to Pay $39 Million in Gender Bias Case - New York Times

Bank of America Settles Gender Bias Suit - Washington Post