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State Street Settles 'Fearless Girl' Lawsuit
News April 29, 2024 at 02:48 PM
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What You Need To Know
- The firm and the artist it commissioned to create the sculpture have reached an agreement on the eve of a trial.
- The work was part of a McCann ad campaign urging corporate boards to add more women as State Street was promoting its exchange-traded fund SHE.
- Just seven months after the statue's installation, State Street agreed to pay $5 million to resolve charges that it discriminated against hundreds of female executives by paying them less than their male colleagues.
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