Woodward Buries Hatchet In Discrimination Suits For $5M

Law360, New York (October 6, 2006, 12:00 AM EDT) -- In a bid to lay to rest long-running employment discrimination claims, Woodward Governor Co. has agreed to shell out $5 million to settle two class actions alleging the aerospace manufacturer discriminated against minority and female employees.

Under the terms of the settlement, part of a preliminary consent decree approved Thursday by U.S. District Judge Phillip Reinhard of the U.S. District Court in the Northern District of Illinois, class members in a race discrimination lawsuit who were employed at the company’s Rockford or Rockton, Ill. facilities after...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.