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Company: L Brands, Inc.
Current Parent Company:
Bath & Body Works, Inc.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $90,000,000
Year: 2021
Date: July 30, 2021
Offense Group: employment-related offenses
Primary Offense: employment discrimination
Secondary Offense: sexual harassment
Mega-Scandal:
Employment Discrimination
Violation Description: After an investigation by the Attorney General's Office, L Brands, owner of Victoria's Secret, PINK and Bath & Body Works, agreed to commit $90 million to protect employees from harassment, discrimination and misconduct in settlement of allegations by the Oregon Public Employees Retirement Fund and other shareholders that L Brands' board failed to investigate its former CEO's activities with Jeffrey Epstein and ignored a widespread culture of sexual harassment at the company.
Level of Government: state
Action Type: agency action
Agency: Oregon Attorney General
Civil or Criminal Case: civil
Facility State: Oregon
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-apparel
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.