Snap will pay $15 million to settle California lawsuit alleging sexual discrimination [Yahoo! Finance Canada]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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Source: Yahoo! Finance Canada
The California Civil Rights Department has revealed that Snap Inc. has agreed to pay $15 million to settle the lawsuit it filed "over alleged discrimination, harassment, and retaliation against women at the company." California's civil rights agency started investigating the company behind Snapchat over three years ago due to claims that it discriminated and retaliated against female employees. The agency accused the company of failing the make sure that female employees were paid equally despite a period of rapid growth between 2015 to 2022. Women, especially those in engineering roles, were allegedly discouraged to apply for promotions and lost them to less qualified male colleagues when they did. The agency said that they also had to endure unwelcome sexual advances and faced retaliation when they spoke up. Female employees were given negative performance reviews, were denied opportunities and, ultimately, were terminated. "In California, we're proud of the work of our state's
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SNAP
News
- Pinterest Down 28.7% in Three Months: Should You Avoid PINS Stock? [Yahoo! Finance]Yahoo! Finance
- Snap Inc. (NYSE: SNAP) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $8.00 price target on the stock.MarketBeat
- Is Snap Inc. (SNAP) the Worst AI Stock to Buy According to Finance Media? [Yahoo! Finance]Yahoo! Finance
- Snap Inc. (NYSE: SNAP) was upgraded by analysts at B. Riley to a "hold" rating.MarketBeat
- Snap Inc. (NYSE: SNAP) is now covered by analysts at B. Riley. They set a "neutral" rating and a $11.00 price target on the stock.MarketBeat
SNAP
Earnings
- 8/1/24 - Beat
SNAP
Sec Filings
- 9/26/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- SNAP's page on the SEC website