Employment

  • June 27, 2007

    Solutia Creditor Balks At Disclosure Statement

    Two Solutia Inc. employees have objected to the chemical company's disclosure statement on behalf of the members of the Solutia employee retirement plan, saying that it doesn't adequately explain the ramifications of the employees' claim.

  • June 26, 2007

    Shareholders Drop Derivative Suit Against NetApp

    Network Appliance Inc. shareholders have voluntarily dismissed their derivative suit against the technology company's top officers after an internal investigation found no evidence of stock option backdating.

  • June 26, 2007

    GMIMCo Tries To Swat Down Delphi 401(k) Case

    General Motors Investment Management Co. and State Street Bank & Trust Co. defended their 401(k) management Monday when they asked a federal court to dismiss a class action lawsuit a Delphi Corp. employee filed against them for allegedly reckless investing.

  • June 26, 2007

    Allegheny Energy Securities MDL Powers Off

    The multidistrict class action suit against Allegheny Energy Inc. finally shut down on Monday, after Judge James K. Bredar flipped the switch on all pension and securities litigation over the power company's thorny purchase Global Energy Markets in 2001.

  • June 26, 2007

    Senate Rejects Controversial Labor Law

    The U.S. Senate rejected a bill on Thursday that would have made it easier to unionize workers and allowed for more punitive sanctions against employers.

  • June 26, 2007

    EEOC Sues Merrill Over Muslim Analyst

    The U.S. Equal Employment Opportunity Commission has accused Merrill Lynch & Co. of discriminating against a worker and eventually firing him because he is a Muslim Iranian.

  • June 26, 2007

    Take-Two Bids To Boot Shareholder Claims

    Take-Two Interactive Software Inc. wants a federal judge to toss shareholders' securities fraud claims stemming from the software publisher's accounting for stock options grants and its alleged failure to disclose information about pornographic material hidden inside its video game “Grand Theft Auto: San Andreas.”

  • June 27, 2007

    Disabled NFL Players Cry Foul Before Congress

    The National Football League has been put on the spot to defend the way it treats its retired, disabled football players, as a Congressional committee listened to tales of suffering from former players who claim to have sacrificed everything for the game but been given little in return.

  • June 27, 2007

    TWU Trustees Oppose Union Bid For Arbitration

    New York private bus companies are fighing a lawsuit filed by the city's Transportation Workers Union, in which the labor group is asking a judge to stope their dispute over whether to merge two pension plans from going to arbitration.

  • June 25, 2007

    Nortel Gets Extension To Defend ERISA Counterclaim

    A U.S. magistrate judge has given Nortel Networks Corp. more time to defend its position against an employee retirement investment plan lawsuit stemming from an alleged accounting fraud scandal at the company.

  • June 25, 2007

    Family Dollar Officers Cough Up Options In Settlement

    Four officers of Family Dollar Stores Inc. have agreed to forgo more than 200,000 stock options as part of a settlement in several shareholder lawsuits brought over the discount retailer's alleged improper stock option backdating.

  • June 26, 2007

    Plaintiff Seeks More Time In Ernst & Young Suit

    A former employee of Ernst & Young is seeking more time for discovery in his putative class action against the Big Four accounting firm, which is accused of failing to pay overtime wages under California law.

  • June 25, 2007

    EEOC Asks Court To Enforce Subpoena

    The Equal Employment Opportunity Commission took to the federal court system Friday to try to compel subpoenaed information from Oshkosh Truck Corp., which is under the agency's investigation for alleged gender discrimination.

  • June 25, 2007

    No Overtime For Home Workers, Appeals Court Rules

    Domestic service employees who work for companies that provide at-home companionship work are not eligible for overtime pay under the Fair Labor Standards Act, a circuit court has ruled, echoing a recent Supreme Court order.

  • June 25, 2007

    Ex-Deutsche VP Reaffirms Discrimination Claims

    A 57-year old ex-vice president at Deutsche Bank Securities Inc. is fighting the bank's attempt to cite filing deadlines to slow his age-discrimination lawsuit.

  • June 25, 2007

    Some Claims Tossed In Varig Employees' Suit

    A district court judge has partly dismissed a labor union's lawsuit against bankrupt Brazilian airline Varig SA, but refused to toss the company's claims that Brazilian reorganization law absolves it of obligations to pay employees severance, as their contract requires.

  • June 25, 2007

    Democrats' Pay Bias Act To Counter High Court Ruling

    A new bill introduced by House Democrats to reverse a U.S. Supreme Court decision limiting pay discrimination claims is scheduled to be reviewed by a congressional committee this week.

  • June 25, 2007

    Union Workers Should Get Travel Pay: Appeals Court

    An appeals court has ruled in a case involving mining and construction company Kiewit Pacific Corp. that California union employees who are mandated by their employers to travel from gathering sites to their job locations must be compensated for their travel time unless their contracts say otherwise.

  • June 22, 2007

    Qwest Sales Consultants File FLSA Suit

    Sales consultants with Qwest Communications International Inc. are suing the telecommunications company for unpaid overtime, claiming they were forced to work off the clock to complete specified sales and call quotas.

  • June 22, 2007

    Immigrant Workers Get Jail Time For False ID

    The last four ex-employees of a Texas meat processing plant have been sentenced to jail for using false identification to get their job and stay in the United States, in a case that has netted 53 undocumented workers at the company.