Lockheed Martin Settles U.S. Government Discrimination Allegations for $29.5 Million
Lockheed Martin (LMT) has reached a $29.5 million settlement with the United States government to resolve allegations that its diversity and equity initiatives resulted in discrimination against white employees. The settlement addresses claims of non-compliance with federal anti-discrimination requirements. The agreement includes a $22 million payment directly to the U.S. government, with the remainder allocated to address the specific legal claims. This resolution concludes investigations into how the company's internal equity programs may have violated employment laws regarding racial neutrality.
Tickers: $LMT
Topics: discrimination settlement diversity and equity initiatives government allegations