Discover Financial to Face Retired Female Executive’s Bias Suit

Discover Financial Services’ former global payments network head can pursue claims that age and sex bias caused the cancellation of roughly $8 million in incentive compensation she was due, a Chicago federal judge ruled.

Discover’s seemingly novel arguments that Diane Offereins’ lawsuit misused pension status as a proxy for age and that the incentive compensation didn’t count as “wages” under the Equal Pay Act were rejected by the US District Court for the Northern District of Illinois.

Offereins served as chief information officer and was named as one of American Banker’s “most powerful women in finance” in each of her ...