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St. Louis-based financial services firm Edward Jones has been ordered by a federal judge to pay a $34 million settlement for bias claims by Black financial advisors, Reuters first reported. The firm is known for serving individual investors and boasts more than 19,000 financial advisors. This settlement comes after Stowell & Friedman filed a class-action lawsuit in 2018 on behalf of roughly 800 Black financial advisors. The official complaint was “race discrimination,” states a court filing that names Wayne Bland as the main plaintiff in the class action case. The Black financial advisors accused Edward Jones of assigning them to less lucrative work, denying them working with certain high-level client accounts, and depriving them of advancement opportunities. In the case represented, Edward Jones, which Dowd Bennett denied wrongdoing, went as far as to try to get the case dismissed since it claimed that the named plaintiffs failed to provide more than speculative claims in the...
May 11, 2021
The recent police killings and brutality incidents have called for another nationwide demand for better practices among police officers. Dr. Anita Jack-Davies, an adjunct assistant professor and cross-cultural expert with over 20 years of experience in training and instruction, developed an online program that properly trains officers on race, racism, and anti-Black racism, Black News reports . According to a press release , the program, Badges2Bridges is the “most comprehensive law enforcement education program specifically designed using input from police officers around the globe.” The program website states that it aims to “build bridges between law enforcement and local communities” and increase the cross-cultural competence among uniformed and command staff who work in diverse communities and with under-represented groups. “The Badges2Bridges academic format allows the training officer to ensure the material is conveniently received as well as professionally understood,” said...
Jun 16, 2020