January 27, 2022
U.S. District Judge William H. Alsup said Thursday he's inclined to greenlight Pinterest's $50 million deal resolving derivative shareholder litigation alleging discriminatory workplace conditions, but expressed several concerns, saying he's seen "cosmetic settlement after cosmetic settlement" and "this kind of looks like that scenario."
December 01, 2020
Social media company Pinterest was hit with a shareholder derivative suit Monday alleging the company's executives and directors ignored a culture of race and sex discrimination, harming the company as it fights other suits and reputational harm.