JPMorgan Pays $1.45M To End EEOC Sex-Bias Suit

Law360, Los Angeles (January 31, 2014, 8:20 PM EST) -- An Ohio federal judge on Friday dismissed a U.S. Equal Employment Opportunity Commission sex discrimination action accusing JPMorgan Chase Bank NA managers of bullying female employees after the bank agreed to pay $1.45 million to settle the dispute.

U.S. District Judge Gregory L. Frost's consent decree said the defendant will dish out roughly $980,000 in compensatory and punitive damages and about $470,000 in back wages to claimants who will be determined by the EEOC.

The suit, which was first brought in 2009, involves allegations that a...
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