Pinterest settled a gender discrimination lawsuit filed against the company in August by former chief operating officer Françoise Brougher, agreeing to pay $20 million to Brougher, as well as to commit $2.5 million toward “advancing women and underrepresented communities in the technology industry.”
The company disclosed the settlement in a Form 8-K filed Monday with the Securities and Exchange Commission, adding that it expects the settlement to count against its financial results for the fourth quarter of 2020.
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