Shares of Signet Jewelers are down over 12% on Tuesday after the release of sworn statements made by hundreds of female employees at Sterling Jewelers — a unit of Signet Jewelers — that alleged sexual discrimination took place at the highest levels of the company.
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The place where America buys its engagement rings is plunging after 69,000 employees file a gender discrimination lawsuit (SIG)
And the stock is tanking.
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While the statements were released on Sunday, shares didn't respond until Washington Post reports surfaced Monday evening.
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