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Bank Of America Ordered To Pay For Race Discrimination
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Story By: Larry Stine



  Originally Published on: 9/25/2013

A federal just has ordered Bank of America to pay nearly $2.2-million for racial discrimination. The case involved more than 1,100 African-American job seekers at the bank's facility in Charlotte, North Carolina. The judge ordered the bank to pay back wages and interest for race-based hiring discrimination. In a prior ruling, the judge determined Bank of America applied unfair and inconsistent selection criteria for applicants for teller and entry-level clerical positions. The decision is seen as a major victory for the plaintiffs in a case that spanned nearly two decades. Bank of America repeatedly challenged the feds and their authority while the investigation was underway. The ruling awards nearly $1-million to just over 1,000 applicants in 1993 and more than $1.2-million to 113 people rejected between 2002 and 2005.
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