Do As We Say?: CFPB Settles Race Discrimination Class Action for $6 Million
After protracted litigation, the Consumer Financial Protection Bureau (CFPB) has agreed to settle an employment discrimination class lawsuit for $6 million, including $1.5 million in attorneys’ fees. The lawsuit began ten years ago, when minority employees accused the CFPB of systemic discrimination, including persistent pay discrimination compounded by a discriminatory performance review system. In light of this lawsuit, it is ironic...