JPMorgan Chase & Co., the third-biggest U.S. bank, agreed to pay $2.2 million to settle claims that the company's Bank One unit discriminated against hundreds of employees on long-term medical leave, the government said Wednesday.
The U.S. Equal Employment Opportunity Commission claimed Bank One, which JPMorgan acquired in 2004, violated the Americans With Disabilities Act by failing to properly accommodate employees whose medical leaves exceeded six months.
It's the second settlement of EEOC charges in as many days by JPMorgan, which employs about 171,500 people. The EEOC said Tuesday that JPMorgan would pay $200,000 to settle claims that its Chase Manhattan Bank unit fired an employee because of a speech impairment.
"Chase is settling this case to resolve this matter expeditiously, and also because this agreement reaffirms its commitment to providing reasonable accommodations to its employees," the bank said in a statement.