Wal-Mart Faces Demand For $62M In New Damages

Law360, New York (January 4, 2007, 12:00 AM EST) -- Just months after securing a significant financial victory against Wal-Mart Stores Inc., a group of the retailer’s current and former Pennsylvania employees have returned to court in hopes of winning tens of millions of dollars in new wage-and-hour damages.

The plaintiffs gleaned a $78.5 million damage award in October, but said in court on Wednesday they deserve another $62 million because Wal-Mart allegedly violated a Pennsylvania labor law against companies acting in bad faith.

The new amount, if awarded, would equal roughly $500 in new damages...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.