JPMorgan Dads Win $5 Million Settlement for Parental Leave Bias

An Ohio federal court approved a $5 million nationwide settlement between JPMorgan Chase Bank and a group of male employees who claimed the bank’s paid parental leave policy unfairly discriminated against dads.

The settlement resolves a class action brought by Derek Rotondo, who was denied JPMorgan’s 16-week parental leave benefit for “primary caregivers” because his wife hadn’t yet gone back to work and could care for their child. Rotondo alleged that the policy was biased against fathers because it presumed that a child’s birth mother was the primary caregiver.

Approximately 5,035 class members will equally divide $3.2 million of the ...