Paypal Holdings Inc (NASDAQ: PYPL)
Inquiry to company made August 26, 2019. Response received from Paypal VP of Investor Relations Gabrielle Rabinovitch on August 28, 2019. It included the following statement, "PayPal modified its policies relating to employee arbitration claims in late 2018, and as a result PayPal employees in the U.S. are no longer required to use arbitration for sexual harassment claims."
When asked to clarify whether company simply does not include required arbitration language in its policies/agreements OR if it requires arbitration by default with an opt out provision, company clarified that it simply does not use required arbitration language in its policies/agreements.
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If you are aware of this company requiring arbitration with an opt out provision or have additional/conflicting information regarding its policy on workplace sexual harassment claims, please send a tip to email@example.com