Lockheed Martin agrees to pay $29.5m to resolve alleged employment discrimination violations
Today, the U.S. Department of Justice and the U.S. Equal Employment Commission (EEOC) announced a two-part settlement against Lockheed Martin Corporation, headquartered in Bethesda, Maryland. Lockheed has agreed to pay a total of approximately $29.5 million to resolve allegations relating to employment discrimination and related false certifications of compliance with federal civil rights laws while serving as a...
What happened
Today, the U.S. Department of Justice and the U.S. Equal Employment Commission (EEOC) announced a two-part settlement against Lockheed Martin Corporation, headquartered in Bethesda, Maryland. Lockheed has agreed to pay a total of approximately $29.5 million to resolve allegations relating to employment discrimination and related false certifications of compliance with federal civil rights laws while serving as a...
Why it matters
The proceeding may create legal precedent, financial exposure or operating constraints for Regulation.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Lockheed Martin agrees to pay $29.5m to resolve alleged employment discrimination violations ↗
Claims
- Lockheed Martin agrees to pay $29.5m to resolve alleged employment discrimination violations Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.