Pinterest ( NYSE: PINS ) shares rose more than 2% on Thursday even as the company confirmed it is under investigation by California's Civil Rights Department.
It is unclear why Pinterest is being investigated at this point, with the news being first reported by Protocol .
The news outlet added that former Pinterest ( PINS ) employee Ifeoma Ozoma is among those who have been contacted to potentially testify and act as a witness.
Two years ago, Ozoma and another former Pinterest colleague, Aerica Shimizu Banks, alleged they faced discrimination at the company.
Pinterest ( PINS ) confirmed the investigation to Protocol, telling the news outlet it is one of "a number of companies" the California Civil Rights Department, or CCRD, is looking into.
The tech company added that its discussions with the CCRD are "ongoing."
Earlier this month, hedge fund Coatue Management disclosed that it had increased its position in Pinterest ( PINS ) in the second-quarter, while making several other changes to its portfolio .
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Pinterest rises even as company is under civil rights investigation in California: report