abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

25 Aug 2006

Author:
CCH [USA]

Wall Street securities firm settles disability bias case for $500,000 [USA]

The US Equal Employment Opportunity Commission (EEOC) announced the settlement of a disability discrimination lawsuit against LaBranche & Co, Inc...on behalf of an employee with a mental impairment. The lawsuit alleged that employee Peter Servidio...had been harassed because of his disability...and that the firm's top officers retaliated against Servidio when he complained…and threatened Servidio with termination of his employment and harming his future career…LaBranche [have] agreed to take a number of steps to prevent future discrimination and retaliation, including providing training to its employees and modification of relevant policies.