Bank of America loses bid to cut back bias lawsuit (Reuters)
A federal judge has rejected Bank of America Corp’s attempt to throw out part of a lawsuit accusing it of discriminating against African-American bankers and brokers, court papers show.The lawsuit, filed in May with the U.S. District Court in Massachusetts and which seeks class-action status, had accused the second-largest U.S. bank of regularly discriminating with respect to work assignments, training and access to clients.
Plaintiffs said Bank of America had regularly “steered” African-American bankers and brokers to largely minority or low-net-worth clients, and that the bank believed clients were more “comfortable” dealing with people of their own race.
Bank of America loses bid to cut back bias lawsuit (Reuters)
