Filed Date: April 27, 2006
Closed Date: Aug. 30, 2007
Clearinghouse coding complete
The EEOC's Baltimore district office sued The NASDAQ Stock Market, Inc. on April 27, 2006 in the U.S. District Court for the District of Maryland. The EEOC's complaint alleged that NASDAQ violated Title VII and the Equal Pay Act when it discriminated based on race (African American) and gender (female) by failing to appropriately promote and pay one of its employees adequately. The parties entered into a consent decree on August 31, 2006 which stipulated that NASDAQ would pay the aggrieved employee $75,000 in damages and backpay, increase the aggrieved employee's salary to $100,369, conduct Title VII and EPA training for its managerial staff, and semiannually report complaints of violations of the EPA and Title VII to the EEOC.
The decree was entered in 2006 and scheduled to last 2007. No further docket entries exist, so the case is closed.
Summary Authors
Kevin Wilemon (6/12/2007)
Clearinghouse (12/21/2018)
Last updated Feb. 20, 2024, 3:09 a.m.
State / Territory: Maryland
Case Type(s):
Special Collection(s):
IWPR/Wage Project Consent Decree Study
Key Dates
Filing Date: April 27, 2006
Closing Date: Aug. 30, 2007
Case Ongoing: No
Plaintiffs
Plaintiff Description:
Equal Employment Opportunity Commission, on behalf of one or more workers.
Plaintiff Type(s):
Attorney Organizations:
Public Interest Lawyer: Yes
Filed Pro Se: No
Class Action Sought: No
Class Action Outcome: Not sought
Defendants
Nasdaq Stock Market, Inc. (Rockville, MD), Private Entity/Person
Case Details
Causes of Action:
Equal Pay Act, 29 U.S.C. § 206(d)
Title VII (including PDA), 42 U.S.C. § 2000e
Available Documents:
Injunctive (or Injunctive-like) Relief
Outcome
Prevailing Party: Plaintiff
Nature of Relief:
Injunction / Injunctive-like Settlement
Source of Relief:
Form of Settlement:
Court Approved Settlement or Consent Decree
Amount Defendant Pays: 75000
Order Duration: 2006 - 2007
Content of Injunction:
Provide antidiscrimination training
Issues
Discrimination-area:
Discrimination-basis:
Race:
Affected Sex or Gender:
EEOC-centric: