For Kelley Drye & Warren, a two-year-old legal battle over over an allegedly discriminatory retirement policy may be nearing an end.
A Monday filing in the Equal Employment Opportunity Commission’s federal age-bias suit against the firm suggests the parties may be close to settling the case, which the EEOC initiated in January 2010 on behalf of then 79-year-old labor and employment partner Eugene D’Ablemont. At issue: whether Kelley Drye’s policy of forcing partners to give up their equity in the firm at age 70 was discriminatory.
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