Jpmorgan Chase Case Summary

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JPMorgan Chase seems to be in a legal bind this year and possibly needs to review their policies and procedures. Following in the wake of a discrimination lawsuit, JPMorgan is now being sued by their female working force. In mid-2012, JPMorgan failed to equally compensate 93 female workers that held such positions as application developers, project managers, and technology directors. The workers claim that men working in the same positions were being paid more for identical work being performed. The female employees advised that JPMorgan failed to ensure that the compensation system was fair and just. The employees are currently seeking lost pay and salary adjustments. JPMorgan stated that it is committed to diversity in the workplace …show more content…

The lawsuit was a discrimination case filed, stating that JPMorgan discriminated against possibly thousands of African American and Hispanic mortgage borrowers. The bank was said to have charged higher mortgage interest rates and fees compared to white borrowers. This was a bold move because it is such a blatant form of discrimination. JPMorgan just received praise for its diversity efforts, so it is strange that they are now in such legal hot water. When on their website, they state they rate one hundred percent on the human rights campaign for corporate equality, voted best company for multicultural women for eleven years straight, and one of only three megabanks listed worldwide. The article is an example of Title VII in this module. This case is a prime example of sex discrimination. The law blatantly states that you cannot discriminate based on race, color, religion, sex, and national origin. By the information given so far, I believe the women have a solid case against the bank. I would like to see the evidence that they have presented to evaluate just how far the discrimination with this company has gone. The article does not advise on the pay differential and how the knowledge was

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