homephotos Newsbusiness Newscompanies NewsHere are some high profile cases when companies had to pay hefty settlements

Here are some high-profile cases when companies had to pay hefty settlements

Here are some high-profile cases when companies had to pay hefty settlements
Show More
Show More
Profile image

By CNBCTV18.com Oct 5, 2021 9:39:23 PM IST (Published)

SUMMARY

According to Good Jobs First, 99 percent of Fortune 500 companies have paid settlements for at least one discrimination lawsuit since 2000.

CNBCTV18
Image count1 / 9
Show More
Show More

Tesla has been ordered by a court to pay $137 million to an ex-worker over racial harassment and a hostile work environment reported Bloomberg. The massive payout is the latest in the long line of employee payouts, penalties and settlements from some of the largest companies over various discrimination related lawsuits. According to Good Jobs First, 99 percent of Fortune 500 companies have paid settlements for at least one discrimination lawsuit since 2000. Numerous lawsuits against companies like Google, Tesla and other major companies are awaiting verdicts. Here are 10 of the biggest settlements:(Image: Reuters)

CNBCTV18
Image count2 / 9
Show More
Show More

Morgan Stanley: The American multinational investment bank and financial services company, is one of the largest companies on the planet. The company paid $46 million in a private settlement after it was accused of being discriminatory towards women employees, giving them less pay and opportunities. More than 3,000 female financial advisors were said to be affected by the company’s biased policies.  Later in 2004, it decided to pay a settlement rather than stand trial against the EEOC’s accusations that the company was underpaying its female employees in one of its divisions. As many as 340 women were under the settlement even as the company maintained that it had committed no wrongdoing. (Image: Shutterstock)

CNBCTV18
Image count3 / 9
Show More
Show More
arrow down
View All

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change