Case: EEOC v. NASDAQ STOCK MARKET, INC.

8:06-cv-01066 | U.S. District Court for the District of Maryland

Filed Date: April 27, 2006

Closed Date: Aug. 30, 2007

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Case Summary

The EEOC's Baltimore district office sued The NASDAQ Stock Market, Inc. on April 27, 2006 in the U.S. District Court for the District of Maryland. The EEOC's complaint alleged that NASDAQ violated Title VII and the Equal Pay Act when it discriminated based on race (African American) and gender (female) by failing to appropriately promote and pay one of its employees adequately. The parties entered into a consent decree on August 31, 2006 which stipulated that NASDAQ would pay the aggrieved employee $75,000 in damages and backpay, increase the aggrieved employee's salary to $100,369, conduct Title VII and EPA training for its managerial staff, and semiannually report complaints of violations of the EPA and Title VII to the EEOC.The decree was entered in 2006 and scheduled to last 2007. No further docket entries exist, so the case is closed.

Summary Authors

Kevin Wilemon (6/12/2007)

Clearinghouse (12/21/2018)

Documents in the Clearinghouse

	Document
8:06-cv-01066	Docket EEOC v. THE NASDAQ STOCK MARKET, INC.	Aug. 31, 2006	Aug. 31, 2006 Docket
1 8:06-cv-01066	Complaint EEOC v. THE NASDAQ STOCK MARKET, INC.	April 27, 2006	April 27, 2006 Complaint
6 8:06-cv-01066	Consent Decree EEOC v. THE NASDAQ STOCK MARKET, INC.	Aug. 30, 2006	Aug. 30, 2006 Settlement Agreement

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Resources

Title	Description		External URL Date / External URL
Black Farmers FAQ: The history of discrimination against Black farmers and policy initiatives to remedy these inequities. Legal Defense Fund	Black farmers have long faced systemic discrimination by public and private institutions and barriers to economic mobility. Inequities in the administration of government farm programs and discrimina…		https://www.naacpldf.org/...
Under the Radar: Visibility and the Effects of Discrimination Lawsuits in Small and Large Firms Carly Knight, Frank Dobbin, Alexandra Kalev	Research on how discrimination lawsuits affect corporate diversity has yielded mixed results. Qualitative studies highlight the limited efficacy of lawsuits in the typical workplace, finding that lit…	March 2022	April 1, 2022 https://cris.tau.ac.il/...

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Docket

Last updated March 27, 2025, 8:41 a.m.

ECF Number	Description	Date	Link Date / Link
1	COMPLAINT against The Nasdaq Stock Market, Inc. , filed by U.S. Equal Employment Opportunity Commission. (Attachments: # 1 Civil Cover Sheet)(ljs, Deputy Clerk) (Entered: 04/28/2006)	April 27, 2006	April 27, 2006
	Jury Trial Demand by U.S. Equal Employment Opportunity Commission. (ljs, Deputy Clerk) (Entered: 04/28/2006)	April 27, 2006	April 27, 2006
2	Summons Issued 20 days as to The Nasdaq Stock Market, Inc.. (ljs, Deputy Clerk) (Entered: 04/28/2006)	April 28, 2006	April 28, 2006
3	Correspondence from Courtroom Deputy re: Service not effectuated and Request for Status Report. Status Report due by 8/15/2006. (hbm, Courtroom Deputy Clerk) (Entered: 08/01/2006)	Aug. 1, 2006	Aug. 1, 2006
4	NOTICE by U.S. Equal Employment Opportunity Commission concerning service of summons (Morocco, Maria) (Entered: 08/08/2006)	Aug. 8, 2006	Aug. 8, 2006
5	WAIVER OF SERVICE Returned Executed by U.S. Equal Employment Opportunity Commission. (Morocco, Maria) (Entered: 08/18/2006)	Aug. 18, 2006	Aug. 18, 2006
6	SETTLEMENT AGREEMENT (Consent Decree) by U.S. Equal Employment Opportunity Commission. (Morocco, Maria) (Entered: 08/30/2006)	Aug. 30, 2006	Aug. 30, 2006
7	CONSENT DECREE, and that this case shall be and hereby is, dismissed with prejudice, with the Commission and Defendant each bearing their own costs and attorney's fees.. Signed by Judge Roger W Titus on 08/31/2006. (elt, Deputy Clerk) (Entered: 09/01/2006)	Aug. 31, 2006	Aug. 31, 2006