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BlackRock Settles Discrimination Lawsuit With Former Employee
(Bloomberg) — BlackRock Inc. said it settled a discrimination lawsuit with a former employee, at a time when the world’s largest asset manager has been publicly challenged about its commitment to equity and inclusion.The firm, which oversees about $9 trillion, and the ex-employee, Brittanie McGee, agreed to resolve the suit, according to a court filing Thursday. McGee, who is Black, claimed she was discriminated against because of her race and passed over for promotions in the firm’s U.S. wealt