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JPMorgan Pays Millions To End Discrimination Lawsuit

PMorgan Chase & Co. agreed to pay $19.5 million to members of a class-action lawsuit who alleged discrimination. “Six current and former black employees say they were sent to less lucrative branches, denied opportunities, kept out of a program for richer clients, and were paid less than white colleagues,” according to the New York Business Journal. JPMorgan will also pay $4.5 million for bias training and other initiatives. 

Read the whole story at New York Business Journal »

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