May 18, 2012
A Florida federal judge ruled Friday that a Citigroup Inc. unit's arbitration agreement with employees containing a collective action waiver is enforceable, in the latest retort to the National Labor Relations Board's recent ruling that such waivers can violate federal law.
April 30, 2012
A subsidiary of Citigroup Inc. asked a federal judge on Monday to dismiss a proposed collective action brought on behalf of Florida financial analysts who say they were illegally denied overtime pay, arguing that the employees' claims must be submitted individually to arbitration.
February 08, 2012
Citigroup Inc. was hit Monday with a proposed collective action by a financial analyst accusing the banking giant of denying her and other similar employees overtime wages after a 2011 investigation by the U.S. Department of Labor allegedly found that several employees had been misclassified.