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New EEOC Guidance on Discrimination
Three recent U.S. Supreme Court decisions and a June guidance from the Equal Employment Opportunity Commission have sent a strong message to employers faced with employment discrimination suits: An ounce of prevention is worth a pound of cure. Consequently, management attorneys are advising corporate clients to strengthen harassment and anti-discrimination policies, make it easier for employees to report complaints, investigate promptly and correct harassment.The SEC capped its investigation into Fannie Mae and Freddie Mac by charging six former executives with failing to disclose their companies' exposure in high-risk mortgages. The defendants have fired back, with one arguing that there's no standard definition for subprime loans.