Google parent company Alphabet has agreed to devote $310 million to diversity, equity and inclusion efforts as part of a settlement with shareholders after several executives in the company, including its former top lawyer, faced allegations of sexual misconduct or discrimination.

The deal, announced Friday, settles a stockholder derivative lawsuit filed in San Mateo County Superior Court in January 2019. Cohen Milstein Sellers & Toll in Washington, D.C., and Berman Tobacco in San Francisco represented plaintiffs in the suit who claimed Google fostered a “culture of concealment” that led to cover-ups of sexual harassment at the highest levels of the company.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]