Pinterest Diversity Suits Multiply

Late last month, a new batch of plaintiffs filed a stockholder derivative suit against Pinterest, Inc., in Delaware Chancery Court, making similar allegations to those made in a pair of cases filed in the Northern District of California in 2019.

The plaintiffs allege that Pinterest executives ignored and failed to correct systemic race and gender discrimination across the company and retaliated against employees who voiced concerns about the problem.

As previously covered here, public reports that two Black women left the company in May 2020, combined with gender-discrimination allegations by the former Chief Operating Officer (COO), led to complaints that Pinterest executives breached their fiduciary duties through their alleged unequal treatment of women and minorities. Although the COO eventually settled her own claims against Pinterest, the derivative actions have moved forward. Since our last update, the two cases filed in the Northern District of California