In a depressing new show of faux Feminism, State Street Corporation, the Boston bank that funded Wall Street’s much-loved “Fearless Girl” statue, has been accused of paying its female and black employees less than their white male counterparts. According to Bloomberg, the trillion-dollar asset management giant has paid a $5 million settlement to employees after a U.S. Department of Labor audit alleged that women in senior leadership positions at the company “received lower base salaries, bonus pay, and total compensation since at least December 2010.” State Street Corporation rejects the findings and says it has cooperated fully with the audit.

In a potentially very hypocritical twist, State Street Corporation was reportedly notified of the audit’s findings on March 31—the same month it helped unveil the bronze “Fearless Girl” opposite Wall Street’s famed “Charging Bull,” touting“women in leadership, and the potential of the next generation of women leaders.” The installation—which has become a required stop for tourists, and women and girls in particular—was also part of State Street Corporation’s support of She, a fund that invests only in companies with a declared commitment to gender diversity. All of this splashy, performative feminism, while the company allegedly was discriminating against the women and racial minorities in its own ranks.

Sadly, it comes as little surprise that State Street Corporation reportedly co-opted the mantle of feminism for its own corporate PR purposes. This is a time when feminism is often reduced to a buzzword and a cutesy T-shirt slogan: Here, Ivanka Trump anoints herself an advocate for women’s empowerment, only to sit idly by while her father’s administration rolls back Obama-era equal pay protections and imperils women’s reproductive rights. There, reigning top-earning pop star in the world Taylor Swift fancies herself the head of an all-star feminist squad while remaining silent on alleged abusers Dr. Luke—and, um, Donald Trump. And, now, State Street Corporation is proving that feminism is popular (and easy) to perform, but at the end of the day, real feminists put their money where their mouth is.