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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

In a recent lawsuit, Wells Fargo was ordered to pay more than $22 million to a former securities managing director after he was laid off after requesting disability accommodations. In the case, Billesdon v. Wells Fargo Securities, Inc., the employee’s disability needs prompted him to request continued work-from-home accommodations after pandemic restrictions ended and employees were requested to return to the office. His managers refused and later terminated the employee’s role. In this case, the jury determined that Wells Fargo was liable for failing to provide reasonable accommodation and unlawful retaliation.

“He was awarded $6 million in compensatory damages for back pay and $14 million for future lost earnings. The jury awarded $100,000 for emotional distress, $1 million for punitive damages under the ADA, and $1 million under N.C. state law.”

This case is a stern warning for all employers that ADA accommodation requests must be taken seriously. The ADA requires employers to provide reasonable accommodations for workers with disabilities and prohibits discrimination based on disability. Instead of resisting accommodation requests, if the appropriate accommodation is not obvious, employers should view ADA accommodation requests as a flexible, interactive process to arrive at the best outcome for the employee and the employer. A rigid and retaliatory approach only serves to land companies in a contentious, public, and expensive legal battle.

Our members can read more about compliance and enforcement actions here.

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The Editor

Ngozi Okeh is an experienced leader with a history of driving efforts to conceptualize, define, assess and promote diversity, equity, and inclusion (DEI) as strategic business processes. Ngozi is currently the Director of DEI at a leading marketing technology company where she develops and executes enterprise-wide DEI initiatives through rigorous strategic planning efforts, community partnerships, leadership collaboration, strategy evaluation, and careful management of communication and buy-in as well as policies and procedures.  Previously, she worked at an independent mortgage bank, where… View Profile