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Microsoft slides off record highs after 238 discrimination and harassment complaints filed by female workers go public (MSFT)

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Microsoft used to be the most recent corporate to reel from sexual harassment and gender discrimination allegations.

Shares of tech massive slid 2.44% on Tuesday following information the corporate won 238 interior complaints about gender discrimination or sexual harassment between 2010 and 2016, in keeping with a Reuters’ overview of court docket filings made public after Monday’s final bell.

The global’s greatest device corporate has been wrapped up in a lawsuit alleging it used to be systematically denying pay raises or promotions to ladies in US-based technical jobs, in keeping with the court docket filings.

The lawsuit has won wider consideration as a result of it’s the most recent in a sequence of claims of a discriminatory tradition within the era, leisure, and media industries.

Microsoft’s inventory closed at $94.41 according to percentage on Tuesday. It used to be some of the worst performers within the Dow Jones business moderate. Shares are nonetheless up nine.46% for the 12 months.

 

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