E&O Insurance for Investment Companies & Advisors
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Managing employment relationships is more challenging than ever. The number of employment discrimination complaints dramatically increased in the 1990s. Even though that number has since stabilized, the national jury-award median for EPL cases has steadily risen. The EEOC resolved 347 lawsuits in 2004 fiscal year ending September 30 resulting in total monetary relief of $168,000,000, or approximately $484,000 per lawsuit. This figure exceeded any previous single year recovery.

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