IP settles discrimination suit: all about age.(International Paper Co)(Brief Article)

Official Board Markets, October, 2003

International Paper Co. (IP) will pay $410,000 to six former employees who had alleged age discrimination as part of a consent decree entered with the Equal Employment Opportunity Commission (EEOC), reports Dow Jones. The EEOC says the $410,000 sum will come to the six claimants in the form of retirement benefits and back pay.

The consent decree ends an EEOC filed lawsuit alleging that IP violated the Age Discrimination hi Employment Act of 1967 when it failed to hire older job applicants at it Pine Bluff, Ark., paperboard mill. The decree also enjoins IP from "engaging in any employment practice that discriminated against applicants and/or employees age 50 and over." A local EEOC official complimented IP for putting the suit to an end. ...

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