Skip to main content

Bankers Asset Management Will Pay $600,000 for Excluding Blacks for Jobs and Punishing Employees for Complaining About Bias

LITTLE ROCK, Ark. – Bankers Asset Management, Inc., a real estate company in Little Rock, will pay $600,000 to former employees and a class of applicants to settle a race discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity (EEOC), the agency announced today.

The EEOC’s suit, Civil Action No. 4:10-CV-002070-SWW, filed in U.S. District Court for the Eastern District of Arkansas, Western Division, alleged that the company excluded black applicants for jobs at the company’s Little Rock location based upon their race. The EEOC also alleged that the company retaliated against other employees and former employees for opposing or testifying about the race discrimination, by demoting and forcing one out of her job and by suing others in state court. The EEOC attempted to resolve this matter during conciliation prior to filing suit.

Race discrimination and retaliation violate Title VII of the Civil Rights Act of 1964.
In addition to injunctive and monetary relief, the three-year consent decree settling the lawsuit requires that BAM:

provide mandatory annual three-hour training on race discrimination and retaliation under Title VII to all of its employees;
have its president or another officer appear at the training to inform staff of the company’s non-discrimination policy regarding race and retaliation; that the company will not tolerate such discrimination; and the consequences for discriminating in the workplace;
maintain records of complaints of race and retaliation discrimination;
provide annual reports to the EEOC regarding such complaints;
issue a memo to one of the hiring officials explaining that BAM does not discriminate on the basis of race and retaliation; and
post a notice to employees about the lawsuit that provides the EEOC’s contact information.

“Excluding qualified individuals from job opportunities because of their race or in retaliation for exercising protected rights are fundamental violations of the laws we enforce,” said EEOC General Counsel David Lopez. “As this case demonstrates, the EEOC is prepared to vigorously pursue such cases and resolutions that help ensure that workplaces will be free from discrimination. Recent cases we have filed alleging hiring discrimination, such as our suit against Bass Pro, demonstrate this continued commitment.”

“We are pleased that this company worked with us to reach a satisfactory resolution in this matter to ensure black applicants will be judged based on their qualifications,” said Faye A. Williams, regional attorney for the EEOC’s Memphis District Office. “The measures in the decree will work to ensure that African-American applicants are treated in the same manner as others, and that employees who have the courage to oppose race discrimination are protected against retaliation.”

BAM is an Arkansas corporation engaged in real estate, real estate-owned properties, broker management and asset management in the Little Rock area.

Comments

Popular posts from this blog

The Myth, The Matrix, and The Malpractice: Unpacking the Sophia Stewart Saga

The internet loves a good underdog story, especially one where a lone creator battles Hollywood giants. Few tales have captivated online forums and social media quite like that of Sophia Stewart, the woman who famously sued the creators of The Matrix and The Terminator, claiming they stole her work, "The Third Eye." Her story is a complex tapestry woven with claims of stolen genius, judicial conflicts, and attorney negligence. Let's untangle the legal facts from the compelling narrative and examine the heart of her claims. The Core Allegation: "The Third Eye" and the Blockbusters Sophia Stewart alleged that her copyrighted manuscript, "The Third Eye," conceived in 1981 and finalized in 1983, was the blueprint for two of the most iconic sci-fi franchises: The Terminator (first film 1984) and The Matrix (first film 1999). From her perspective, the similarities were undeniable. Stewart’s supporters often point to broad, impactful themes and ev...

15 Gang Members Convicted on Conspiracy, Weapons Possession, Firearms Trafficking Charges Case Follows Recent Convictions of 137th Street Crew and East Harlem Narcotics Trafficking Organization

Manhattan District Attorney Cyrus R. Vance, Jr., announced the results of the investigation and prosecution of one of Central Harlem’s most destructive criminal street gangs, referred to as “ONE TWENTY-NINE” or “GOODFELLAS/THE NEW DONS,” which terrorized the neighborhood surrounding West 129th Street between Lenox and Fifth Avenues. Thirteen members of the gang have previously pleaded guilty to importing, possessing, and using firearms over the course of the conspiracy.

The U-Turn of Candace Owens: From Liberal Critic to Conservative Firebrand

Candace Owens’s career has been defined by one of the most dramatic and controversial political transformations in modern media. In less than a decade, she transitioned from a liberal critic of the Republican Party to a leading voice of the American conservative movement, only to have her time at the top of established conservative media end over a final, divisive shift in rhetoric. Here is a look at the journey that defined her political evolution, culminating in her emergence as a powerful, independent media force. Phase 1: The Anti-Trump Democrat (Pre-2017) Before her political transformation, Candace Owens was known for holding typical liberal views and actively criticizing the Republican Party and its most controversial new figure. Initial Stance: Owens was an outspoken critic of Donald Trump, reportedly publishing articles mocking him and the "bat-s**t crazy antics of the Republican Tea Party." The Turning Point: This initial phase ended following a failed a...