OFCCP Declares ‘Major Victory’; BOA to Pay $2.2 Million in Back Wages
Declaring “a major victory,” the U.S. Department of Labor’s (DOL) Office of Federal Contract Compliance Programs (OFCCP) announced that Bank of America Corp. (BOA) will pay 1,147 African-American job applicants $2,181,593 in back wages and interest for race-based hiring discrimination.