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Race Harassment Case: Racist Employees Costs WRS Compass $2.75 Million

Race Harassment Case: Racist Employees Costs WRS Compass $2.75 Million

Race harassment can be costly for employers. Racist employees cost Tampa-based environmental cleanup company WRS Compass $2.75 million and a three-year nationwide consent decree to resolve a U.S. Equal Employment Opportunity Commission (EEOC) racial discrimination case. The EEOC’s suit against WRS Environment and Infrastructure, Inc., a WRS Compass subsidiary, involved seven black workers at its […]

Citigroup SEC Settlement Trashed By Federal Judge

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Citigroup SEC Settlement Trashed By Federal Judge

By Marian Wang, ProPublica – When the Securities and Exchange Commission struck a deal with Citigroup over a failed security that the bank sold to investors, we asked whether regulators had handed Citigroup too sweet a deal. Today [28 Nov. 2011] in Manhattan, U.S. District Judge Jed Rakoff appeared to reach that very conclusion: “If the allegations of the Complaint […]

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