Circuit City to Pay $15M in Discrimination Lawsuit
Circuit City has agreed to pay $15 million to settle a Los Angeles lawsuit that claimed more than 200 workers were laid off because of age discrimination.
A Los Angeles judge approved an agreement that allows the workers to become creditors of the electronics chain, which filed for bankruptcy protection last month.
The workers’ attorney, Gloria Allred, says she intends to go after every dollar possible.
A call to Virginia-based Circuit City seeking comment was not immediately returned.
The store chain laid off 3,400 employees last year who were making more than market-rate pay. Those who lost their jobs generally had more seniority and thus tended to be older.
The company has said the layoffs were based on salaries and had nothing to do with age.
- Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent
- OpenAI’s Altman to Brief US Officials on Next Wave of AI Models
- Insurance Woes Amid US-Iran War Stall Airlines’ Return to Dubai
- NJ High Court Rules Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration