Apple Hit With Class-Action Lawsuit Over Alleged Unequal Pay For Women
Portfolio Pulse from Hayden Buckfire
Apple Inc. (NASDAQ:AAPL) faces a class-action lawsuit alleging gender pay inequality. The lawsuit claims Apple's hiring and performance-review practices result in women being paid less than men for the same work, violating a 2018 California law. The case highlights ongoing issues of gender wage gaps in Silicon Valley.
June 13, 2024 | 8:46 pm
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Apple Inc. is facing a class-action lawsuit alleging gender pay inequality. The lawsuit claims that Apple's hiring and performance-review practices result in women being paid less than men for the same work, potentially violating a 2018 California law.
The lawsuit could lead to negative publicity and potential financial liabilities for Apple, impacting investor sentiment and possibly leading to a short-term decline in stock price.
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