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Bank of America (BOA) Will Pay $1 Million To Settle An Old OFCCP Case

OutSolve

OFCCP’s charges of racial bias in hiring against BOA is finally resolved after 24 years

To settle an OFCCP case that arose from a 1993 compliance review against NationsBank, N.A., Bank of America (BOA) has agreed to pay $1 million in back wages and interest to 1,027 African-American applicants. The class includes applicants for entry-level clerical, teller and administrative positions at the bank’s Charlotte, NC headquarters. BOA will also extend 10 job opportunities although they deny they the claims.

For a historical review of the case, read our blog from July 22, 2016

OFCCP Press Release

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