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."
Since this statement could include the possibility of the company requiring arbitration by default with an opt out clause and/or requiring employees outside the U.S. to use arbitration for sexual harassment, an additional follow-up inquiry was sent and the company's current status is listed as "policies of concern."
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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 firstname.lastname@example.org