$32 Million Sex Bias Settlement Against Wells Fargo
Although many people think sex discrimination is a thing of the past, it is unfortunately alive and well – affecting women from all walks of life in all types of jobs. Studies show that women still are not paid equally to men, may be passed over for promotions and subject to harassment.
Fortunately Title VII of the Civil Rights Act, 1964 prohibits sex discrimination based on an employee’s sex – either female or male. This means that an employer cannot take adverse employment actions against you because of your sex. Similarly, the Equal Pay Act requires women and men be paid equal amounts for equal work.
In a class action lawsuit arising out of gender discrimination, a federal trial court has recently approved a $32 million settlement. In Carter v. Wells Fargo Advisors, a group of more than 3000 female current or former financial advisers sued Wells Fargo for workplace sex bias. Included in the discriminatory actions were bias in work assignments, distribution of accounts, opportunities for advancement, assignment of partnerships and teams and other terms and conditions of employment.
Continue reading " $32 Million Sex Bias Settlement Against Wells Fargo " »