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The Power of Now
Monday, June 17, 2013
Court Approval Means Key Changes of Company’s Practices and Awards to Black Managers
A federal district court preliminarily approved a $7.5 million settlement of a national class action lawsuit, which alleged that Wet Seal had a policy of denying equal pay and promotion opportunities and firing African-American store management employees.
As part of the settlement Wet Seal has agreed to make numerous changes to address the discrimination charges brought by black store-level managers and to improve fairness and opportunity for current and future African American Managers. Wet Seal also agreed to pay $7.5 million in monetary relief, including damages to current and former African-American managers of at least $5.58 million.
Read the full press release here.