Bowling Company Bowlero Faces Dozens of Discrimination Claims That Authorities Want to Settle for $60 Million

Bowlero, the buzzy bowling company that was one of the few successful stocks to emerge from the SPAC boom, is the subject of a sprawling federal investigation into age discrimination and retaliation that authorities now want to settle for $60 million, CNBC has learned.

Negotiations over the settlement, proposed by the U.S. Equal Employment Opportunity Commission in early January, failed in April and the case is being referred to the EEOC’s general counsel “for potential enforcement action,” a letter sent by the EEOC shows.

If the EEOC decides to sue and if it prevails in court, the company could face even steeper fines, experts said.

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