JPMorgan Chase settles claims it discriminated against dads

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JPMorgan Chase settles claims it discriminated against dads
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JPMorgan Chase has agreed to pay $5 million to settle a discrimination case related to its parental leave policy for fathers

The class-action case was prompted by a man at the company who said he was denied the opportunity to take additional paid parental leave as a primary caregiver."We are pleased to have reached an agreement in this matter and look forward to more effectively communicating the policy so that all men and women employees are aware of their benefits," said Reid Broda, JPMorgan Chase's associate general counsel, in a statement to CNN Business.

But as a father, he would only be considered as such if he could prove that his spouse was incapacitated or already returned to work. Read MoreAccording to his claim, Rotondo was denied a request for extended leave because he could not show either of those exceptions. After Rotondo filed his claim, JPMorgan Chase agreed to give him 16 weeks of caregiver leave.

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