Tag: settlement agreement

Facebook Settles with Department of Justice over Claims It Discriminated Against U.S. Workers

Admin

Facebook reached separate settlement agreements with the Department of Justice and Department of Labor on Tuesday, resolving claims that the tech giant discriminated against U.S. workers in hiring and recruiting.

The Department of Justice (DOJ) sued Facebook in December 2020, alleging the company refused to hire or recruit qualified U.S. workers in thousands of open positions by reserving spots in its workforce for temporary visa holders through its permanent labor certification (PERM) program. The DOJ also alleged that Facebook intentionally tried to deter U.S. workers from applying for certain positions.

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Twitter Offers $800 Million to Settle Class Action Lawsuit Over Claims it Misled Investors

Michigan Star Staff

Twitter proposed an $800 million dollar settlement agreement to resolve all claims the company misled investors regarding its user and engagement data, the company announced Monday.

Twitter submitted the agreement to the Northern California District Court to settle a class action lawsuit filed by shareholders in 2016, the social media platform announced in an 8-K filing with the Securities and Exchange Commission (SEC) on Monday. If the settlement is approved by the court, Twitter will pay shareholders $809.5 million.

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