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Coca-Cola Moves to Settle Racial Discrimination Suit

The Coca-Cola Co. agreed yesterday to settle a pending racial discrimination lawsuit just as four other former employees filed a new $1.5 billion suit. The settlement could affect as many as 2,000 Coke employees who plaintiffs had identified to include in the suit. The new suit, filed on behalf of four black former employees not connected with the original suit, alleges nine counts of discrimination. Last month, Coke announced plans to spend $1 billion in the next five years to expand opportunities for minorities and women.

Sources:

Associated Press and New York Times- June 15, 2000