Financial Firm Behind ‘Fearless Girl’ Will Pay $5 Million for Allegedly Underpaying Women and Minorities

State Street's subsidiary had been the year's most celebrated champion of diversity

Fearless Girl by State Street Global Advisors and McCann New York dominated ad award shows this year. Getty Images

State Street Corp., parent company of the investment firm behind Wall Street’s iconic Fearless Girl statue, today agreed to pay a combined $5 million to more than 300 women and 15 black employees who were paid less than their white, male counterparts, according to a federal audit. Bloomberg first broke the news.

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@PatrickCoffee patrick.coffee@adweek.com Patrick Coffee is a senior editor for Adweek.
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