Firm behind ‘Fearless Girl’ statue pays out $US5 million in equal pay settlement

DEFIANTLY facing off against Wall Street’s iconic “Charging Bull,” the popular bronze sculpture of a “Fearless Girl” was meant to symbolise the power of female leadership in the male-dominated world of high finance.

But the investment firm which commissioned the statue on Thursday agreed to a $US5 million payout to more than 300 female and black employees who were paid less than their white, male counterparts, according to an audit by the US Office of Federal Contract Compliance Programs (FCCP).

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