(October 9, 2020, 1:22 PM EDT) -- SAN JOSE, Calif. — Google parent company Alphabet Inc. will pay $310 million to fund certain diversity, equity and inclusion (DEI) initiatives as part of a settlement with investors in a shareholder derivative lawsuit that alleged that several current and former Alphabet senior executives and directors breached their fiduciary duty by failing to act on allegations of sexual harassment and a massive personal data breach, according to a motion for preliminary approval of the settlement filed Sept. 25 in California state court (In re Alphabet Inc. Shareholder Derivative Litigation, No. 19CV341522, Calif. Super., Santa Clara Co.)....