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Signet tumbles after report of harassment at subsidiary

Feb 28, 2017 - Associated Press

WASHINGTON (AP) - Shares of Signet Jewelers fell sharply Tuesday after a report of widespread sexual harassment and discrimination at a subsidiary.

The Washington Post first reported the allegations Monday, based on newly released class-action arbitration filings.

According to the report, Sterling Jewelers discriminated against female employees, paying them less than their male counterparts for the same work and promoting them less frequently. About 250 female employees also testifie...