Employment

  • January 2, 2007

    Pension Plan Overcharged Workers, Suit Claims

    Engineering company ABB and its benefits manager overcharged workers to join its retirement plan, according to a proposed class action lawsuit.

  • January 2, 2007

    Delta Confirms Pilots Have Won Pension Plan

    Thousands of retired pilots of bankrupt airline Delta have been awarded $820 million, in a settlement being hailed as the new standard of fairness for retirees.

  • January 2, 2007

    Comair, Pilots Agree On More Time For Talks

    Comair Inc. pilots and the bankrupt airline reached an interim agreement on Thursday, giving the parties until February 2 to reach an agreement on the pilots’ contracts.

  • January 2, 2007

    Jobs Did Nothing Wrong: Apple

    A special committee that included former Vice President Al Gore has cleared Apple Computer Inc. CEO Steve Jobs of any wrongdoing related to the computer giant’s handling of stock option grants, but said he did play a role in recommending grants.

  • January 2, 2007

    AIG Sues Former Employee

    Insurance giant American International Group Inc. has filed suit against a former vice president in its accounting policy office, claiming she breached her contract by disseminating confidential information after her termination and has refused to return computers and a BlackBerry belonging to the company.

  • January 2, 2007

    DNA Sequencing Rivals Head To Court

    A unit of Applera Corp. has filed a lawsuit against DNA-sequencing machine rival Solexa Inc., alleging that its former chief patent counsel wrongfully took patents that belonged to it and assigned them to Solexa.

  • January 2, 2007

    Milberg Weiss Takes Another Blow

    In another setback for the beleaguered plaintiffs firm Milberg Weiss & Bershad LLP, a judge ruled that the company should not act as lead counsel in a class-action against Ford Motor Company's retirement plan.

  • December 29, 2006

    Employment Litigation Declined In 2006: Survey

    Employment litigation in federal courts continued to decline in 2006, depressed by a continued slump in federal discrimination lawsuits, court dockets show.

  • January 2, 2007

    SEC Amends Compensation Disclosure Rules

    Just a few months after passing a new set of rules governing compensation disclosure, the U.S. Securities and Exchange Commission has tightened the requirements for reporting executive stock options.

  • December 29, 2006

    Trends To Watch In 2007

    The number of wage and hour class actions and worker retaliation claims will continue to swell in 2007, as employers struggle to cope with recently adopted electronic discovery rules and protect their intellectual property through nondisclosure and noncompete agreements, experts say.

  • December 29, 2006

    Options Backdating Scandal To Escalate In 2007

    What began as an investigation into compensation practices at Silicon Valley chip makers has escalated into the biggest story of 2006, and the ripple effect of the options backdating scandal shows no signs of tapering off in 2007.

  • December 29, 2006

    401(k) Plans Face More Lawsuits, Regulation in 2007

    2007 promises to be an eventful year for 401(k) plans. With new types of class action lawsuits against plan sponsors and managers appearing, experts expect Congress and regulatory bodies to examine how 401(k) plans and other retirement products are managed and who stands to profit most.

  • December 29, 2006

    Cases To Watch In 2007

    In bankruptcy courts, district courts and appellate courts, cases are pending that have the potential to have a dramatic impact on labor and employment law.

  • December 21, 2006

    Mesaba, Unions Oppose Reconsidering Labor Pacts

    Bankrupt Mesaba Aviation Inc. and three of its labor unions each issued objections Tuesday to a recent request made by Mesaba’s unsecured creditors for the bankruptcy court to take a second look at a court order approving deals between the airline and the unions.

  • December 21, 2006

    SEC Accepts Twinkie Maker’s Settlement Offer

    The U.S. Securities and Exchange Commission has settled an investigation into bankrupt snack cake maker Interstate Bakeries Corp. over the way it sets its workers compensation reserves.

  • December 21, 2006

    Nurses File Class Action Wage-Fixing Suit

    A putative class action lawsuit has been filed against six Detroit-area hospital systems, accusing them of conspiring to keep down wages of registered nurses, who claim to have been underpaid by hundreds of millions of dollars as a result.

  • December 29, 2006

    Legislation To Watch In 2007

    Employers will be confronted with new challenges in 2007, as the 110th Congress is expected to consider legislation that could expand workers’ rights, raise the federal minimum wage and empower labor unions.

  • December 21, 2006

    Raids Yield 40 Indictments In Utah and Iowa

    Federal grand juries in Utah and Iowa indicted almost 40 illegal aliens this week in the latest fallout from the six raids federal authorities carried out earlier this month at facilities owned by one of the nation’s largest meat processing companies.

  • December 21, 2006

    Options Scandal Leads To $900M Restatement

    After a seven-month investigation into allegations of options backdating, telecommunications equipment provider Juniper Inc. has revised its earnings statements to the tune of $900 million.

  • December 21, 2006

    Delta, PBGC Deal Over Pensions Sails Through Court

    A federal bankruptcy judge has approved Delta Air Lines Inc.’s recent agreement with the Pension Benefit Guaranty Corp. to ditch its pilots’ pension plans, an integral part of the beleaguered airline’s recently filed plan to emerge from Chapter 11 protection.