DC Circ. Revives Race Bias Suit Against Fed

Law360, New York (January 11, 2011, 3:28 PM EST) -- The D.C. Circuit on Tuesday revived a long-running lawsuit in which a putative class of secretaries accused the Board of Governors of the Federal Reserve System of racial discrimination.

In an opinion penned by Judge Janice Rogers Brown, the U.S. Court of Appeals for the District of Columbia Circuit vacated a district court’s order dismissing the secretaries’ complaint for failure to exhaust administrative remedies.

The appeals court ruled that because the secretaries completed informal counseling in a manner sufficient to give the Federal Reserve an opportunity...
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.