Activision Blizzard CEO Bobby Kotick discusses the Federal Trade Commission’s attempt to block his merger agreement with Microsoft on “The Claman Countdown.” Activision Blizzard, the video game company behind Call of Duty and World of Warcraft, among others, has settled an employment discrimination lawsuit with the state of California for $54 million. The settlement resolves … [Read more…]
A California regulator has settled its Blockbuster lawsuit over alleged sexual harassment at Activision Blizzard. According to a press release from the California Civil Rights Department (CRD), the gaming company, now owned by Microsoft, will pay approximately $54 million as part of the settlement. The CRD (formerly known as the Department of Fair Employment and … [Read more…]
More than two years after the California Civil Rights Department (CRD) filed a high-profile lawsuit against Activision Blizzard accusing the company of widespread gender discrimination and pay inequality, the two parties have reached a settlement for approximately $54 million. The Wall Street Journal first reported the agreement on Friday, and the CRD published a statement … [Read more…]
According to sources, Wells Fargo received a formal notice from the Consumer Financial Protection Bureau about problems with its use of mortgage interest discounts. Wells Fargo hired a law firm to outsmart mortgage lenders whose sales included steep discounts, the sources said. Several banks received MRAs on lending practices last year, the CFPB said, without … [Read more…]
News By Patrick Reilly Published December 9, 2023, 10:03 PM ET A California-based moving company that boasts of its young, athletic employees is being sued by the federal government for age discrimination. The Equal Employment Opportunity Commission filed a lawsuit against Meathead Movers for violating age discrimination law by not hiring enough older workers, the … [Read more…]