Cadence Design Systems Inc (NASDAQ: CDNS)
Inquiry to company made.
Response received from Cadence PR Director Elena Annuzzi indicating company has ended or never used the practice of requiring arbitration for sexual harassment claims. It does not require any employees in any location or subsidiary to use arbitration for sexual harassment claims either as a condition of employment or as a general policy.
Company indicated that it simply does not use required arbitration language in its policies/agreements (versus requiring arbitration by default with an opt out provision.)
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