Bank Of America Seeks To Settle Gender Bias Class Suit For $39M

NEW YORK - A class of Bank of America Corp. female financial advisors (FAs) filed a motion Sept. 6 seeking certification of a settlement class and preliminary approval of a $39 million settlement in a complaint alleging compensation discrimination (Judy Calibuso, et al. v. Bank of America Corporation, et al., No. 10-1413, E.D. N.Y.).

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