SAN FRANCISCO–(BUSINESS WIRE)–
Best Buy and civil rights lawyers today announced a proposed settlement
of an employment discrimination class action brought on behalf of women
and minority employees of Best Buy. The settlement remains subject to
court approval.

Through this settlement, Best Buy agrees to changes to its personnel
policies and procedures that will enhance the equal employment
opportunities of the thousands of women, African Americans, and Latinos
employed by Best Buy nationwide.

One of the counsel for Plaintiffs, Eve Cervantez, said that ?Best Buy?s
commitment to these changes makes it a ?best in class? employer of women
and minorities and a leader in the areas of diversity and inclusion.?
Best Buy said that these changes are part of Best Buy?s continuous
improvement of its employees’ experience and the systems which support
that experience.

The settlement has been submitted for approval to the Hon. Phyllis J.
Hamilton, United States District Judge for the Northern District of
California.

Background on the litigation

The lawsuit, filed in December 2005, alleged that Best Buy discriminates
against women, African American, and Latino employees of Best Buy retail
stores in the United States by denying them promotions and more
lucrative sales positions. Best Buy has denied any wrongdoing throughout
the litigation.

In reaching this proposed settlement, the parties agreed that it was in
the interest of Best Buy, the plaintiffs, and the employee classes to
resolve the matter through a settlement that provides injunctive relief
to all class members, rather than to proceed with litigation.

The case is entitled Holloway v. Best Buy, Civil Action No.
3:05-cv-05056-PJH (N.D. Cal.).