PRESS RELEASE
4-18-12
Little Rock Real Estate Company Settles EEOC Race Discrimination and Retaliation Suit
Bankers Asset Management Will Pay $600,000 for Excluding Blacks for Jobs and Punishing Employees for Complaining About Bias
LITTLE ROCK, Ark. – Bankers Asset Management, Inc., a real estate
company in Little Rock, will pay $600,000 to former employees and a
class of applicants to settle a race discrimination and retaliation
lawsuit filed by the U.S. Equal Employment Opportunity (EEOC), the
agency announced today.
The EEOC’s suit, Civil Action No. 4:10-CV-002070-SWW, filed in U.S.
District Court for the Eastern District of Arkansas, Western Division,
alleged that the company excluded black applicants for jobs at the
company’s Little Rock location based upon their race. The EEOC also
alleged that the company retaliated against other employees and former
employees for opposing or testifying about the race discrimination, by
demoting and forcing one out of her job and by suing others in state
court. The EEOC attempted to resolve this matter during conciliation
prior to filing suit.
Race discrimination and retaliation violate Title VII of the Civil Rights Act of 1964.
In addition to injunctive and monetary relief, the three-year consent decree settling the lawsuit requires that BAM:
- provide mandatory annual three-hour training on race discrimination and retaliation under Title VII to all of its employees;
- have its president or another officer appear at the training to
inform staff of the company’s non-discrimination policy regarding race
and retaliation; that the company will not tolerate such discrimination;
and the consequences for discriminating in the workplace;
- maintain records of complaints of race and retaliation discrimination;
- provide annual reports to the EEOC regarding such complaints;
- issue a memo to one of the hiring officials explaining that BAM does not discriminate on the basis of race and retaliation; and
- post a notice to employees about the lawsuit that provides the EEOC’s contact information.
“Excluding qualified individuals from job opportunities because of
their race or in retaliation for exercising protected rights are
fundamental violations of the laws we enforce,” said EEOC General
Counsel David Lopez. “As this case demonstrates, the EEOC is prepared
to vigorously pursue such cases and resolutions that help ensure that
workplaces will be free from discrimination. Recent cases we have filed
alleging hiring discrimination, such as our suit against Bass Pro,
demonstrate this continued commitment.”
“We are pleased that this company worked with us to reach a
satisfactory resolution in this matter to ensure black applicants will
be judged based on their qualifications,” said Faye A. Williams,
regional attorney for the EEOC’s Memphis District Office. “The measures
in the decree will work to ensure that African-American applicants are
treated in the same manner as others, and that employees who have the
courage to oppose race discrimination are protected against
retaliation.”
BAM is an Arkansas corporation engaged in real estate, real
estate-owned properties, broker management and asset management in the
Little Rock area.
The EEOC enforces federal laws prohibiting employment
discrimination. Further information about the EEOC is available on its
website at www.eeoc.gov.
