Nike Settles Racial Discrimination Suit, Coughs Up $7.6 Mil

Nike Inc. will pay $7.6 million to settle a class-action lawsuit stemming from racial discrimination allegations filed by black employees from a Chicago Niketown location.

According to Reuters the lawsuit involves claims on behalf of approximately 400 former and current black employees of Nike Retail Services Inc.'s store. Court documents filed on July 30 with the U.S. District Court for the Northern District of Illinois indicate the lawsuit was originally filed in December 2003.
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