Gap settles U.S. charges of job discrimination based on immigration status [Reuters]
Gap, Inc. (The) (GPS)
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Source: Reuters
Gap settles U.S. charges of job discrimination based on immigration status By Jonathan Stempel 2 Min Read Nov 29 (Reuters) - Gap Inc has settled federal charges that it routinely discriminated against employees who were not U.S. citizens because of their immigration status, the Department of Justice said on Monday. The accord requires the San Francisco-based clothing retailer to pay a $73,263 civil fine, provide back wages to two employees who lost work because of its practices, and upgrade its employee training worldwide. It ends a 3-1/2-year-old probe into Gap, which did not admit wrongdoing and said its actions did not violate a 1986 federal law against immigration-related employment discrimination. Gap was accused of unnecessarily “reverifying” the employment eligibility of some lawful permanent residents and naturalized U.S. citizens, and requiring some employees to provide specific immigration documents to confirm their eligibility to work. The Justice Department said Gap’s rel
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News
- The Gap, Inc. (NYSE: GPS) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $24.00 to $25.00. They now have a "buy" rating on the stock.MarketBeat
- Column: As taxpayers tire of handouts to billionaires, Major League Baseball demands public funding for a Vegas stadium [Los Angeles Times (CA)]Los Angeles Times
- Here's Why Gap (GPS) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Gap Stock Almost Flat This Year, What's Next? [Forbes]Forbes
- Why the Market Dipped But Gap (GPS) Gained Today [Yahoo! Finance]Yahoo! Finance
GPS
Earnings
- 3/7/24 - Beat
GPS
Sec Filings
- 4/12/24 - Form 4
- 3/28/24 - Form 4
- 3/27/24 - Form 4
- GPS's page on the SEC website