$30M DEI Lawsuit Alleges Comerica's Program Violates Law Ahead of Fifth Third Acquisition: Fett & Fields, P.C.
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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US:NYSE Investor Relations:
investor.comerica.com
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Source: PR Newswire
DETROIT, Jan. 28, 2026 /PRNewswire/ -- A significant employment discrimination lawsuit has been filed in the U.S. District Court for the Eastern District of Michigan against Comerica Incorporated (NYSE: CMA). The complaint alleges that the financial institution operates an unlawful Diversity, Equity, and Inclusion (DEI) program characterized by "Soviet-style" personnel controls and rigid demographic quotas.The filing comes as Comerica prepares for its scheduled acquisition by Fifth Third Bancorp on February 1, 2026.Allegations of Systematic QuotasThe lawsuit alleges that Comerica—led by CEO Curt Farmer, who is transitioning to Vice Chair at Fifth Third—established corporate-level quotas that bypass merit-based hiring. According to the complaint, senior management compensation and performance ratings are directly tied to the quota mandates.The filing highlights a specific statistic from the company's internal reporting: 100% of business units met their DEI performance goals for multipl
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CMA
News
- Fifth Third finalizes purchase of Comerica: What it means for customers [Yahoo! Finance]Yahoo! Finance
- Fifth Third closes Comerica acquisition in under four months [Yahoo! Finance]Yahoo! Finance
- Fifth Third Completes Merger with Comerica to Become 9th Largest U.S. Bank [Yahoo! Finance]Yahoo! Finance
- Comerica Discrimination Case Puts DEI Governance And Merger Story Under Review [Yahoo! Finance]Yahoo! Finance
- Judge rejects HoldCo's challenge of Comerica-Fifth Third deal [Yahoo! Finance]Yahoo! Finance
CMA
Earnings
- 1/20/26 - Beat
CMA
Sec Filings
- 2/2/26 - Form 25-NSE
- 2/2/26 - Form S-8
- 2/2/26 - Form S-8
- CMA's page on the SEC website