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Alphabet Settles Shareholder Sexual Harassment Suit; Limits NDAs, Ends Mandatory Arbitration
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deadline.comJill Goldsmith Co-Business EditorYouTube and Google parent Alphabet has committed $310 million over ten years to diversity and inclusion initiatives to settle a shareholder lawsuit stemming from allegations the company concealed payouts to top male executives accused of sexual harassment.The deal disclosed Friday establishes a DEI (Diversity, Equity, Inclusion) Advisory Council of outside experts and Alphabet executives including CEO Sundar Pichai and includes reforms of workplace equity and board oversight.The suit against Alphabet and certain officers and directors filed in California State Superior Court, alleged the tech giant violated its fiduciary duty by fostering a culture that let powerful executives sexually harass and.
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