Jackson National Reaches Largest EEOC Settlement in Decade (2)

Jan. 9, 2020, 6:22 PMUpdated: Jan. 9, 2020, 11:04 PM

Jackson National Life Insurance Co. and related companies will pay $20.5 million to settle an EEOC lawsuit alleging widespread sex, race, and national origin discrimination, harassment, and retaliation under an agreement approved by the U.S. District Court for the District of Colorado.

The deal is the largest settlement in a single lawsuit in over a decade of Equal Employment Opportunity Commission litigation, the agency confirmed to Bloomberg Law. Walgreens paid $24 million to resolve a class race discrimination lawsuit in 2008.

The EEOC alleged in the September 2016 suit that female and black workers, as well as employees of Ethiopian ...

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