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Fortune
Fortune
Ariella Steinhorn, Amber Scorah, Chelsey Glasson

Companies are spending big money to cover up bullying and discrimination in the workplace–it’s time for shareholders to know exactly how much

(Credit: Victor J. Blue - Bloomberg - Getty Images)

It is inevitable that companies of all shapes and sizes will have disputes to litigate, and that they will need to make settlement payouts or fines over the course of doing business. Disagreements between various parties with differing interests will always arise, and civil litigation has become the way in which we adjudicate conflicts, find compromise, or compensate those affected. Current law requires that public companies report significant lawsuits and ongoing liabilities related to harassment, discrimination, class-action suits, fraud, and ESG (environmental and social governance) violations. 

The money spent on these lawsuits and settlements may seem like chump change to mega-corporations. But as companies conduct mass layoffs and remain stingy on paying out maternity and medical leave, that same cost-savings attitude could apply to resolving human disputes amicably.

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