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McDonald's Temporarily Defeats Black Franchisees' $1B Bias Lawsuit: Report

  • McDonald's Corp (NYSE: MCD) has temporarily beaten a lawsuit filed by former black franchise owners.

  • The lawsuit was filed by fifty-two black franchise owners, accusing the company of leading them to failure by driving them to set up shops in crime-ridden, low-income neighborhoods.

  • Also ReadMcDonald's Rejects Owners Plea To Delay Changes In Franchise Policy

  • The franchise owners claimed $1 billion in damages claiming McDonald's did not offer growth opportunities on par with white franchisees, Reuters reported.

  • A Chicago federal judge dismissed the 2020 lawsuit but said the plaintiff had time till October 21 to file an amended complaint.

  • The company denied the allegations, saying the franchisees decided on shop locations.

  • Also SeeHappy Meals For Adults Coming To McDonald's, Here's How Kanye West Could Be Involved

  • Price Action: MCD shares are trading higher by 1.17% at $238.09 on the last check Tuesday.

  • Photo Via Company

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