A former executive of First Marblehead Corp. who claimed he lost millions of dollars in incentive stock options after relying on misleading statements by officers of the student loan servicing company has failed in his bid for a new trial.
A group of former employees has taken aim at Ford Motor Co., accusing the automotive giant of illegally interfering with employees' severance plan and costing them benefits they believe they are due under the Employee Retirement Income Security Act.
A federal judge on Monday tossed out a plea deal for Broadcom Corp. co-founder Henry Samueli — who has admitted lying to regulators during a probe of stock options backdating at the company — saying the deal was too lenient for a crime that "could warrant a significant prison sentence."
The U.S. Equal Opportunity Employment Commission has sued L.A. Pipeline Construction Co. for allegedly subjecting black employees to a hostile work environment in violation of the Civil Rights Act.
A group of assembly line workers has fired off a collective action accusing Toyota Motor Engineering & Manufacturing North America Inc. of not paying them for overtime work.
A magistrate judge has stayed much of a Fair Labor Standards Act lawsuit against Tyson Foods Inc., until the Judicial Panel on Multidistrict Litigation decides whether to consolidate the case with 10 others.
HSBC Mortgage Corp. moved Friday to sanction the plaintiffs' lawyer in an overtime, meal and rest period compensation and unlawful deductions suit, alleging that the lawyer directed a class representative to destroy evidence.
Electronics giant Best Buy Co. Inc. has been hit with a sweeping purported class action accusing the company of violating California labor laws by delaying the payment of wages due on termination and of systematically providing employees with inadequate wage statements.
A federal appeals court has ruled that employers must pay for time employees spend getting tested for blood-borne pathogens to which they might have been exposed on the job, upholding two citations by the U.S. Occupational Safety and Health Administration against a Pennsylvania hospital.
The judge overseeing an overtime suit against American Coach Lines of Miami Inc. has certified a class of drivers who served the company's university clients but tossed claims by a majority of the class members in the case.
Proskauer Rose LLP has snagged the former vice chair of the U.S. Equal Employment Opportunity Commission, adding her as a partner in the firm's Washington, D.C., office.
California-based imaging company Electronics for Imaging Inc. has settled a shareholder lawsuit regarding the company's option-granting practices with an agreement that reduces stock options benefits for company officers.
For the third time this year, Family Dollar Stores Inc. has been hit with a proposed class action accusing it of failing to pay its managers overtime wages.
A district court has pared down the claims in a putative class action against Genesco Inc. but has refused to dismiss a request for injunctive relief against the shoe retailer for alleged wage-and-hour violations.
A district judge has refused to grant partial summary judgment to several defendants, including WideBand Solutions Inc., in a trade secrets suit filed by ClearOne Communications Inc. against its former employees.
Fastenal Co. would cough up $10 million to settle a wage-and-hour collective action under a settlement deal that the fastener distributor and the plaintiffs — assistant general managers who claimed they were misclassified as exempt from overtime pay requirements — asked a district court to approve on Tuesday.
The Air Line Pilots Association International union has filed a lawsuit accusing Spirit Airlines Inc. of violating a current collective bargaining agreement by engaging in a “systematic assault on its pilots.”
A federal appeals court panel ruled Tuesday that a labor union can represent retirees in an arbitration dispute with electric utility Exelon Corp. over medical benefits.
The federal district judge overseeing multidistrict litigation against Kentucky Fried Chicken Corp. has dismissed claims that the fast food giant willfully misclassified hundreds of assistant managers.
Swiss dental implant company Nobel Biocare has settled an unfair competition lawsuit in which it accused rival Keystone Dental Inc. of poaching its employees and inducing a breach of their confidentiality agreements.