Citi Workers Target 'Misguided' 2nd Circ. Waiver Ruling
By Ben James
Law360, New York (August 27, 2013, 3:44 PM ET) -- Workers who lodged a Fair Labor Standards Act suit against Citigroup Inc. asked the full Second Circuit on Monday to rehear a “misguided” decision upholding a Citi arbitration agreement prohibiting class litigation, claiming the FLSA contains a clear congressional command protecting collective action rights.
Tara Raniere and Nichol Bodden's petition for an en banc rehearing challenged an Aug. 12 panel decision that reversed a trial court's denial of Citigroup's motion to compel arbitration in an overtime suit.
The Aug. 12 decision was based almost entirely on...