Deloitte to pay $21.5 million to settle US government probe over DEI
The settlement resolves claims that Deloitte tied partner pay and promotion decisions to race- and sex-based workforce goals.
- On Tuesday, accounting firm Deloitte agreed to pay $21.5 million to settle a U.S. Department of Justice probe into its diversity, equity and inclusion practices.
- The Justice Department reached the settlement through its "Civil Rights Fraud Initiative," alleging Deloitte business units tracked "demographic goals" and evaluated Partners, Principals and Managing Directors on workforce composition.
- Under the False Claims Act, the American Alliance for Equal Rights, founded by Edward Blum, will receive $4.3 million as part of the settlement resolving whistleblower claims.
- Deloitte denied engaging in discriminatory conduct, stating the agreement does not amount to an admission of liability, as the company sought to avoid protracted litigation costs.
- President Donald Trump's administration has targeted DEI practices during his second term, with executive orders requesting federal contractors eliminate such initiatives, prompting many U.S. companies to scale back.
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Deloitte will pay $21.5M to settle a DOJ investigation into its diversity targets
Deloitte has agreed to pay $21.5M to settle a US Justice Department investigation into its diversity practices, without admitting liability. The firm is one of the largest technology consultancies in the world as well as an accountancy, and it sits inside the same enterprise AI and systems integration market that has drawn Indian IT firms […] This story continues at The Next Web
Deloitte DOJ Settlement: Why Is the Firm Paying USD 21.5 Million Over DEI Practices?
Professional services giant Deloitte has agreed to pay USD 21.5 million (nearly INR 178 crore) to settle allegations brought by the US Department of Justice (DOJ) that its internal diversity, equity, and inclusion (DEI) policies violated federal contracting regulations, the department announced. Deloitte DOJ Settlement: Why Is the Firm Paying USD 21.5 Million Over DEI Practices?.
The Trump Administration promoted a division to pursue certain policies of diversity, equity and inclusion (DEI)
Deloitte agrees to pay $21.5 million to settle DOJ probe into DEI practices
Accounting firm Deloitte agreed to pay $21.5 million to settle Department of Justice allegations that it violated the False Claims Act by failing to comply with anti-discrimination requirements in federal contracts and discriminating on the basis of race or sex, the department announced Tuesday. The settlement resolves allegations that Deloitte violated the False Claims Act by failing to […]
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