Sterling Jewelers to Pay $175 Million to End Sex Bias Case (1)

Sterling Jewelers Inc. agreed to pay $125 million to roughly 68,000 female retail sales workers who sued the company 14 years ago alleging sex bias in pay and promotions, according to a press statement and class counsel.

The deal still needs to be approved by the arbitrator overseeing the landmark class arbitration, attorney Joseph M. Sellers told Bloomberg Law Thursday. After that, the case will be sent back to the US District Court for the Southern District of New York—where the women sued in 2008—and the class will ask the court to confirm the arbitrator’s award, Sellers said. He’s a ...