Signet has discontinued the pay and promotions practices at issue in the lawsuit and offered mentorship and leadership training for women. "This settlement is an important step in bringing closure to a nearly 15-year-old case." We believe prioritizing diversity, equity and inclusion grows high-functioning teams and fosters a culture of appreciation and development," Gina Drosos, CEO of Signet Jewelers, said in a statement. I want to thank our dedicated team members for helping to create our welcoming and inclusive environment where everyone is invited to be their authentic self. "For the past four years, we've been successfully transforming Signet's business model and culture. The agreement is subject to the arbitrator's approval. Of that, $125 million would be split among the class members and the rest would go to the lawyers. Ohio-based Sterling Jewelers and the law firm Cohen Milstein Sellers & Toll PLLC announced the agreement, which calls on the company, a subsidiary of UK-based Signet Jewelers, to pay $175 million. Those claims were not part of the lawsuit and not addressed in the settlement agreement. The alleged incidents took place between late 1990s to the 2000s, according to the sworn statements. Of that amount, 125 million will be used to fund class member payments. Sterling Jewelers denies any wrongdoing but agreed to pay 175.37 million to resolve these allegations. Sworn statements also described a corporate culture in which annual managers' retreats allegedly became no-spouses allowed "booze fests" where male executives "prowled around the like dogs that were let out of their cage," and that "there was no one to protect female managers from them," arbitration documents show. Plaintiffs in the class action lawsuit claim that these practices violate Title VII of the Civil Rights Act and the Equal Pay Act. Step Three: Choose Your Shape Style and Setting. The class grew to 68,000 plaintiffs who claimed women were discriminated both in compensation and in promotions. Paperless Statements Payments KAY Jewelers Accounts are issued by Comenity Bank. The company was accused of having a policy "prohibiting employees from discussing their pay with each other," which "made it difficult for women to identify instances where they were paid less than male employees performing the same job." Tens of thousands of current and former employees sued in a class arbitration. Review the bill pay agreement and accept the terms to access your account and make payments. The case also spurred additional allegations that included sexual harassment accusations against senior executives. Pay your Sterling Family of Jewelers Credit Card bill online with Comenity's secure and convenient service. After 15 years of fighting, Sterling Jewelers, parent company of shopping mall stalwarts Kay Jewelers, Jared and Zales, agreed to resolve a class-action lawsuit that alleged the company discriminated against tens of thousands of employees over pay and promotions.
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