3M settles age-discrimination suit for up to $12M
Bloomberg Businessweek, March 19, 2011
March 20, 2011 at 08:00 PM
2 minute read
The original version of this story was published on Law.com
3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees.
The 2004 lawsuit targeted the company's performance-review system, alleging that older workers were disproportionately downgraded. It also accused the company of favoring younger employees for certain training opportunities that could fast-track them for promotions.
The Maplewood-based industrial company and plaintiffs filed a joint motion Friday for preliminary approval of the settlement.
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