The trendy online bulletin board Pinterest will pay former chief operating officer Francoise Brougher USD 20 million in a deal reached to settle a gender discrimination suit, a regulatory filing showed Monday.

The settlement includes Pinterest investing another USD 2.5 million to increase the presence of women and other under-represented groups in the tech industry, according to a joint statement.

"Pinterest recognizes the importance of fostering a workplace environment that is diverse, equitable and inclusive and will continue its actions to improve its culture," read a joint statement by Brougher and Pinterest

Brougher filed a lawsuit earlier this year, accusing San Francisco-based Pinterest of paying her less than male colleagues, leaving her out of decision making, and subjecting her to a hostile work environment, then firing her after she spoke out against the treatment, according to media reports.

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