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Stock impact report

Eli Lilly sued for age discrimination by U.S. agency EEOC [Financial Post (Toronto, Ontario, Canada)]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Financial Post
Global Affairs Canada admits some costs on nearly $100k in-flight catering tab for GG… Advertisement The complaint said Lilly's violations began after Stephen Fry, its senior vice president for human resources and diversity, lamented during an April 2017 “Leadership Town Hall” that its sales force was skewed toward older workers, with 20% fewer “millennials” than the American workforce. According to the EEOC, Fry suggested that the lack of millennials was a problem, and the Indianapolis-based company would target 40% “Early Career” hiring. Managers then changed their hiring practices for sales representatives, sometimes requiring greater review and approval before extending offers to older candidates, even after some recognized that the 40% goal was illegal, the EEOC said. The target remained through 2021, it added. Lilly, in a statement, denied the accusations and said it was “committed to fostering and promoting a culture of diversity and respect.” The lawsuit filed in Show less Read more
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