ABB Unit Baldor To Pay $2M To End DOL Hiring Probe

Law360, New York (June 26, 2012, 2:26 PM EDT) -- Motor manufacturer and ABB Ltd. unit Baldor Electric Co., which holds $18 million worth of contracts with government agencies, will pay $2 million to settle allegations that its hiring process discriminated against female and minority job applicants, the U.S. Department of Labor said Monday.

Baldor will pay $2 million in back wages and interest to the affected individuals and will make at least 50 job offers to members of the original class of job applicants as positions become available, under an agreement with the DOL's Office...
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