In 2007 nike settled a class action lawsuit filed on behalf, Ask an Expert

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In 2007, Nike settled a class action lawsuit filed on behalf of 400 African American employees of the company's Niketown store in Chicago. One of the allegations in the suit was that the store segregated African American employees into lower-paying jobs including cashiers and stockroom workers rather than sales positions. The settlement cost Nike $7.6 million to resolve the financial claims.

Discuss the contributions that can be made by the accounting and finance professionals in an organization to actively promote diversification of the workforce while managing real and perceived discrimination in treatment of workers and managers.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9967800

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