- 3 - Thereafter, on February 11, 1998, Mr. Oyelola brought an action against Massachusetts Mutual Life Insurance Company2 and various individuals in the U.S. District Court for the District of Connecticut. The complaint in this action, brought under Title VII of the Civil Rights Act of 1964, alleged a history of discrimination based on race, color, ancestry, and national origin. The District Court action was resolved by a General Release, Confidential Separation Agreement, Waiver and Covenant Not To Sue (settlement agreement) executed by Mr. Oyelola and a representative for Massachusetts Mutual Life Insurance Company and the individual defendants on August 20 and 27, 1998, respectively. The stated purpose of the settlement agreement was “to resolve any and all differences that may now exist, or may arise in the future as a result of any act that has heretofore occurred, under state or federal law regarding employment with and separation from the Company”. The document then provided in Paragraph 4 for the following settlement terms: a. The Company will pay to Mr. Oyelola the amount of Thirty Thousand Dollars ($30,000.00) (Payment 1). Payment 1 is payable to Mr. Oyelola based on his claim that he is entitled to compensation for emotional distress. 2 Massachusetts Mutual Life Insurance Company and Connecticut Mutual Life Insurance Company merged in 1996, and Mr. Oyelola’s employment apparently continued with the merged entity under the Massachusetts Mutual Life Insurance Company name.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011