Minnesota’s 3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees. The 2004 lawsuit targeted the company’s performance-review system, alleging that older workers were disproportionately downgraded. The company was also accused of favoring younger employees for certain training opportunities that could fast-track them for promotions. The Plaintiffs and 3M have filed a joint motion for preliminary approval of the settlement. 3M has also reached a settlement on a separate age-discrimination lawsuit that had been filed in San Jose, Calif., in 2009. Terms of that agreement have not been disclosed.
Source: Insurance Journal
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