A federal administrative judge on Tuesday, ruling against JPMorgan Chase & Co., declined a procedural invitation from the bank to strike down U.S. Labor Department claims that compensation practices discriminated against women.
Lawyers for JPMorgan, represented by McGuireWoods, argued that the Labor Department waited too long to tell the bank about alleged gender-based compensation allegations. Records show labor regulators notified the bank in March 2015 about alleged compensation discrimination against women in certain posts.
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