A lawsuit by a credit union CEO who alleged he had been fired because he failed to follow his board's discriminatory policies has been dismissed amid reports he settled for $1.5 million.

The U.S. District Court for New Jersey dismissed the case of Oskar Mielczarek vs. Polish & Slavic Federal Credit Union "in its entirety with prejudice and without costs or attorney's fees," according to court records.

Mielczarek, who had served at the 78,000-member, $1.5 billion credit union for almost exactly one year before he was fired in 2012, alleged in court that the credit union had fired him because he failed to go along with a policy of only hiring Poles or people who spoke Polish.

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