Wall Street: Fearless Girl firm underpaid women
The firm behind Wall Street’s Fearless Girl statue has agreed to pay $5 million to more than 300 female and black employees “who were paid less than their white, male counterparts,” said Patrick Coffee in Adweek. Boston-based State Street Corp., the parent company of the investment firm that installed the popular statue of the little girl who “faces down Wall Street’s famed Charging Bull statue,” was accused by the Labor Department of discriminating against hundreds of female and minority executives since at least 2010. State Street, which manages $2.6 trillion in assets, officially denies the allegations.