Alphabet settles shareholder suit over sexual harassment claims

The company will set aside $310 million in funding towards diversity initiatives and prohibit severance packages to employees who are subject to any pending investigation for sexual misconduct or retaliation, it said.The lawsuit from last year accused Alphabet leadership of covering up sexual harassment scandals within the company including by awarding lavish exit packages to two top executives found responsible for misconduct.Alphabet said on Friday it is setting set up a new council to oversee