In a reversal of fortune, the Missouri Court of Appeals has tossed out a $20 million jury award granted to five former State Farm Insurance agents who alleged that they were unfairly fired due to critical remarks they made regarding the company's treatment of policyholders.
Four prisoners have lost a bid to sue the state of Michigan for garnisheeing their pensions to pay the costs of keeping them behind bars.
Apple Inc.’s Chief Executive Steve Jobs was grilled last week by the U.S. Department of Justice and the U.S. Securities and Exchange Commission over stock options backdating practices at the company.
An arbitration panel has slapped the former chief executive of Gemstar-TV Guide International Inc. with a whopping $93.6 million fine, demanding that he shell out tens of millions of dollars in damages for engineering a vast accounting fraud scheme at the media giant.
The U.S. Supreme Court on Monday refused to hear a case concerning the standard for determining racial discrimination in employment cases.
The National Labor Relations Board has begun proceedings to determine whether Massey Energy Company discriminated against unionized coal workers through its hiring practices at a West Virginia mine.
Want to get away? Southwest Airlines might, now that it has been hit with a proposed class action suit alleging it violated federal law by making too many deductions from leave time employees accrued under the Family Medical Leave Act.
Northwest Airlines Inc. has filed a motion against a $1 billion claim by a flight attendants union which alleges that Northwest broke their collective bargaining agreement.
The U.S. Equal Employment Opportunity Commission has slapped Home Depot U.S.A. Inc. with a lawsuit accusing the home improvement retailer of violating federal law by paying a female salesperson less than her male counterparts because of her gender.
A company was more likely to illegally backdate options if it had a director that sat on the board of another company that had already backdated options, according to a recent study.
The trial against a former Coca-Cola secretary accused of conspiring to steal the beverage giant’s trade secrets kicked off this week, with prosecutors trying to paint the defendant as a woman driven by “greed and poor choices.”
Christopher J. Steskal, a seasoned federal prosecutor spearheading the investigations into alleged backdating practices at Apple Computer Inc. and other San Francisco Bay Area technology companies, is jumping ship from his San Francisco post at the U.S. Attorney's Office to join Fenwick & West LLP.
A legal battle is being waged by hundreds of disgruntled investment consultants who claim they missed out on lunch, rest, and overtime wages working for brokerage firm TD Ameritrade.
Levenfeld Pearlstein LLC is a small, fairly new Chicago law firm specializing in corporate law, real estate and litigation, but its Employment Service group offers the experience and know-how of a big name practice.
Bankrupt auto parts maker Dana Corp. filed a motion Monday to keep financial documents out of the hands of nonunion retirees who say they need the information to evaluate the company's bid to eliminate retiree health and welfare benefits.
Software publisher Take Two Interactive Software Inc. has revealed that its founder and former chief executive Ryan Brant was largely responsible for the improper stock options backdating that has forced the company to restate a decade’s worth of financial results.
A union representing more than 11,000 British Airways cabin crew members set to go on strike on Jan. 29 is refusing the airline's attempts to have an independent mediator involved in the dispute.
A federal appeals court has upheld a jury’s verdict finding that the City of Milwaukee and its police chief practiced reverse discrimination against 17 white male police lieutenants, but overturned and remanded millions awarded in damages.
In a sign that securities litigation against Apple Computer Inc. may be heating up soon, a California district judge on Friday appointed the lead plaintiff in the case targeting the software giant for options backdating.
The official committee of unsecured creditors in Musicland Holding Corp.’s bankruptcy case has lashed out at a group of store managers seeking class status in a lawsuit brought against the music retailer for alleged violations of California's overtime laws.