NY Bill Seeks Crackdown On Wage Withholding

Law360, New York (January 16, 2013, 5:43 PM EST) -- Employees in New York who are stiffed on their legally owed wages could demand up to twice their withheld wages in damages and could file class actions to recover the money if legislation introduced Tuesday by a Brooklyn lawmaker is signed into law.

The legislation, introduced by Democratic Assemblywoman, Annette Robinson seeks to amend current state labor law to slap errant employers with increased liquidated damages depending on the severity of their violation.

Bill A2499 would require employers who underpay wages for more than thirty days...
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.