Friday, June 10, 2011

Federal Judge to Approve Wells Fargo Sex Discrimination Case Settlement

A federal judge says she'll sign off on a $32 million settlement of a sex discrimination case against Wells Fargo. The Business Record reports Wells Fargo will have to run a 4-year program to improve training and promotion of female financial advisers, and make sure more lucrative customer accounts are allocated fairly. The company will also have to operate under the watch of an outside monitor. The deal covers 1200 female employees.

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