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Palantir Settles Lawsuit For Discriminating Against Asian Applicants

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On Tuesday, the U.S. Labor Department revealed that the data analytics and security company Palantir Technologies Inc has agreed to pay nearly $1.7 million to resolve charges it discriminated against Asian applicants for engineering jobs at its Palo Alto, California office. Palantir, a privately owned data firm best known for helping the U.S. government track down al Qaeda leader Osama bin Laden, entered into a consent decree under which it will pay back wages and other funds, including the value of stock options, to several people. The company also will offer jobs to eight people. Palantir has disputed the Labor Department's allegations but said in a statement it agreed to settle the case in order to get on with its business. Palantir, considered one of the most secretive firms in Silicon Valley, does highly confidential work for U.S. defense and intelligence agencies, helping them track down terrorists and uncover financial fraud.http://feeds.reuters.com/~r/reuters/t...http://www.wochit.comThis video was produced by YT Wochit News using http://wochit.com

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