Joining the so-called “clawback” trend, current and former executives at restaurant chain operator Cheesecake Factory Inc. have decided to return $1 million in pay generated from improperly dated stock options.
The former head of trading at Canada’s Scotia Capital, a subsidiary of the Bank of Nova Scotia, has sued his ex-employer for C$100 million in lost wages and damages.
Scandal-ridden former congressman Tony Coelho entered the spotlight again on Tuesday when a Securities and Exchange Commission investigation revealed he received a large discount on medical device maker Cyberonics Inc.’s stock option plan three years before he joined the company’s board.
Orrick, Herrington & Sutcliffe LLP’s employment law group isn’t large in size compared to the firm as a whole, but what it lacks in numbers, it easily makes up for in success and ambition.
Paul, Hastings, Janofsky & Walker LLP will open the doors to its new Chicago office next week, with the former co-chair of Jones Day’s business restructuring and reorganization practice and one of Jones Day’s employment partners on board.
Two brokers accused of bribing an Ohio Bureau of Workers' Compensation official may be called to testify at their criminal trial in the coming days.
The Eighth Circuit Court of Appeals has affirmed on all but one issue a lower court’s $3.4 million jury verdict that found that Dial Corp., an international canned meat producer, had routinely and intentionally discriminated against women.
Bankrupt auto parts maker Delphi Corp. and the labor unions that represent its workers will get more time to reach an agreement that would save Delphi from having to void its collective bargaining agreements.
A federal judge in Michigan has granted summary judgment to Kmart Holding Corp. in a case brought by a former employee alleging his termination violated the whistleblower provision of the Sarbanes-Oxley Act.
Alleging widespread theft of trade secrets through an aggressive employee-recruitment campaign, U.S. chemical firm Celanese Corp. has filed a federal lawsuit against a top Middle Eastern rival, Saudi International Petrochemical Co.
Over half of the entire general practice law firm of Epstein, Becker & Green P.C. is devoted to labor and employment law, an identity that few, if any, other large firms can claim.
Western Digital Corp. disclosed in a filing Monday with the U.S. Securities and Exchange Commission that it faces a number of shareholder lawsuits brought in the wake of its disclosure of stock option backdating.
CBS Corp. has said it will pay back wages to a group of television news writers who previously demonstrated against stalled contract talks and recent layoffs.
Embattled Hewlett-Packard Co. has come under scrutiny by the U.S. Securities and Exchange Commission and the Federal Communications Commission for its board spying scandal.
More than two dozen firefighters have sued the city of Akron, Ohio, claiming that exams to evaluate candidates for promotion to the rank of captain or lieutenant disparately affect certain applicants based on their race and age.
CA Inc. has brought suit against former chief executive Sanjay Kumar in an attempt to recover the $14.9 million the software maker paid out for the embattled executive’s legal defense.
A pair of law firms has launched an attack on the pharmaceutical industry, claiming that sales representatives are not exempt from laws requiring overtime pay and are therefore not being compensated fairly.
Already under scrutiny from federal regulators, Nvidia Corp. has been hit with a shareholder derivative complaint stemming from the ongoing probe into the video card maker’s stock options-granting practices.
The U.S. Chamber of Commerce announced Wednesday that it will oppose an increase in the federal minimum wage, an issue expected to be addressed by the Democratic Congress once it convenes in January.
Former Enron Corp. executive Jeffrey K. Skilling has agreed to pay $85 million to settle allegations that he mismanaged the company’s pension and benefit plans.