EQT Says Conflict, Not Bias, Drove Black Ex-Exec's Firing

By Matthew Santoni (August 25, 2021, 6:49 PM EDT) -- There was no racial bias involved when the now-renamed Rice Energy fired a Black executive over his conflict of interest in owning a contractor for the company, Rice attorneys told a Pennsylvania federal court, pointing to a white employee who was fired for similar reasons and the plaintiff's personal friendship with CEO Toby Rice.

Rice Energy, now called EQT RE LLC and EQT Midstream, said there was a legitimate reason for firing Babatunde Ajayi and stripping him of his unvested stock options, since the company had discovered Ajayi had an undisclosed conflict of interest at the same time that it was...

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