Xerox $12M Discrimination Settlement Finalized

Law360, New York (September 23, 2008, 12:00 AM EDT) -- A federal judge has signed off on Xerox Corp.’s $12 million settlement with a group of black sales representatives who accused the company of racial discrimination and has approved a $4 million payout to the class counsel.

Judge John Gleeson of the U.S. District Court for the Eastern District of New York granted final approval on Monday to a settlement that provides roughly 1,500 current and former sales representatives each with $2,000 to $4,000 and additional incentive awards for the class representatives of $5,000.

The settlement...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.