IBM to pay $17 million as settlement linked to anti-DEI probe — What was the tech major accused of?

Mint
IBM will pay $17 million to settle a US government probe alleging discriminatory practices in its diversity, equity, and inclusion initiatives.

Summary

IBM has agreed to pay $17,077,043 to the US government to resolve allegations that it violated the False Claims Act by failing to comply with anti-discrimination requirements in its federal contracts. The Department of Justice (DOJ) alleged that IBM knowingly made false claims regarding its hiring and employment practices, failing to ensure fairness based on race, color, national origin, or sex. Specifically, the DOJ cited IBM’s use of a “diversity modifier” tied to bonus compensation and limited access to training and development programs based on race or sex. While IBM cooperated with the investigation, terminating or modifying some programs, the company maintains it did not engage in unlawful conduct. This settlement marks the first resolution from the DOJ’s “Civil Rights Fraud Initiative,” established to address DEI policies using civil anti-fraud laws, and comes amidst broader political scrutiny of DEI practices, particularly from the Trump administration, which views them as potentially discriminatory.

(Source:Mint)

Los Angeles Times

Krispy Kreme customers could get $3,500 in payouts after data breach

CBS News

Some Maryland sheriffs sue state over "unconstitutional overreach" of new immigration legislation

New York Post

Krispy Kreme's $1.6M settlement can pay US customers $3,500 – how to claim your payment before upcoming deadline

Cable News Network

Supreme Court allows Brian Flores to sue NFL for discriminating against Black coaches

Bnn Bloomberg

Did you invest in CIBC mutual funds? You may be entitled to compensation

CP24 Toronto

Did you invest in CIBC mutual funds? You may be entitled to compensation

Knoxville News-Sentinel

Got a ticketmaster lawsuit email? Class action suit includes those who bought tickets since 2010

The Economic Times

Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAI

Law Trend - Legal News Network

Supreme Court Pauses KG Basin Gas Dispute Hearing as Reliance and Centre Seek Out-of-Court Settlement

Thesun

PKNS allocates nearly RM90 million for new Bukit Baja Orang Asli settlement

Home - Bitcoinworld.co.in

Hyperliquid Introduces Off-Chain Prediction Markets With Validator-Driven Settlement

The Business Times

Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

Headtopics

Krispy Kreme $1.6 million settlement Americans given June deadline to apply

Fiji Sun

Solar-powered water system brings relief to Macuata settlement

Home - Bitcoinworld.co.in

Man Files Lawsuit Claiming Ownership Of 3.7 Million Bitcoin, Including Satoshi Nakamoto's Wallet