Interestingly, the CFPB has pulled a shroud over itself, refraining from admitting any misdeeds. This shadow of non-admittance, however, comes with a silver lining. The agency has promised to enlighten its workforce, equipping them with enriched information and training to better navigate the treacherous waters of workplace discrimination complaints.
Legal Eagles Weigh In
The attorneys at Stowell & Friedman Ltd. and Justin L. Leinenweber PC, champions for the employees stoking the flames of this lawsuit, heralded the proposed settlement in court documents. They painted it in the hues of an “outstanding result,” standing firm on the argument that it aligns perfectly with the criteria for preliminary approval. Drawing comparisons to a bursting dam, the legal counsel for plaintiffs Carzanna Jones and Heynard L. Paz-Chow expressed, “The settlement fund of $6 million is a monumental relief to those impacted by the contested policies and practices. If greenlit, this fund will claim its place among the towering employment discrimination settlements of recent years.”
CFPB Race Discrimination Suit : CFPB’s Public Stance
Plunging into this turbulent whirlpool, a CFPB spokesperson shared their take with Law360. They framed the settlement as a closure to the shadows of the agency’s yesteryears, emphasizing their unwavering commitment to the ethos of fair treatment for every employee.