July 25, 2012
A Massachusetts federal judge on Tuesday tossed a putative class action accusing Bain Capital LLC of arranging the sale of a French Samsonite factory in order to avoid properly compensating its employees following a 2004 investor buyout of the company, finding that the claims are time-barred and fail to allege wrongdoing.
December 06, 2011
Bain Capital LLC on Monday sought to dismiss a putative class action filed by a French woman who lost her job when the private equity firm sold a Samsonite luggage factory in 2006, arguing the claims are too late and fail to allege any wrongdoing.
November 04, 2011
A French woman who lost her job when Bain Capital LLC sold a Samsonite luggage factory lodged a putative class action against the private equity firm Friday, alleging unethical transactions that flouted French labor law and resulted in the factory being sold for €1 to a Luxembourgian businessman.