With the Democrats now in charge of Congress, the chairman of the House Judiciary Committee is reportedly working on legislation that would curb executive compensation in Chapter 11 bankruptcy cases.
The Bush administration has expressed its opposition to the “say on pay” bill, urging lawmakers to give “recent enhancements” the chance to take effect before passing the proposed legislation on executive compensation.
A case that pits a 73-year-old home health care worker against a longstanding federal labor regulation exempting her from overtime compensation has the U.S. Supreme Court apparently split.
A lawsuit seeking both class and collective action status has accused trash collection, disposal and recycling outfit Allied Waste Industries Inc. of violating federal and state laws by not paying employees for all hours worked.
The U.S. Supreme Court declined on Tuesday to hear an appeal from an employment attorney who was ordered to pay thousands of dollars to United Parcel Service Inc. after a lengthy pleading he wrote was dubbed “unduly burdensome.”
The U.S. Supreme Court declined to hear a case Monday in which a black employee working as a contractor for IBM said he was fired because he complained about a co-worker’s racial slur.
Maryland Attorney General Douglas Gansler on Monday said the state will not challenge a court ruling invalidating the state’s so-called “Wal-Mart law” because an appeal would likely fail, bringing to an end its legal battle to require large employers to provide health insurance to their employees.
Fired Wal-Mart Stores Inc. security operative Bruce Gabbard denied that he had provided company secrets to the press in court papers filed on Monday.
Employment lawyers are fuming over the California Supreme Court’s “anti-employer” ruling on Friday that triples the back pay employees can seek if they are forced to work through meal and rest breaks in violation of state law.
A bid by a private equity firm to buy Delphi Corp. for $3.4 billion has reportedly hit a snag after a union refused to submit to demands to reduce wages and benefits to new and future employees.
Home mortgage lender Oak Street Mortgage has agreed to pay $2.45 million to settle a slew of lawsuits by loan officers who claimed they were cheated out of overtime pay.
The U.S. Supreme Court might weigh in on a long-running case challenging a California labor law that prohibits companies from digging into the public purse to influence union activities.
In a decision that has major implications for wage-and-hour lawsuits in California, a court has ruled that pay received to compensate for a missed lunch break should be classified as wages, rather than as a penalty for the company.
A shareholder derivative lawsuit has been filed against Lehman Brothers Holdings Inc., alleging that 22 of the investment bank’s executives unjustly enriched themselves by manipulating stock options grants.
Two biotechnology companies that specialize in treatments for Vitamin D deficiency have agreed to settle a trade secrets dispute that was initiated after three employees left one firm for the other.
Delphi Corp. filed an objection in bankruptcy court Friday in an effort to stop Wachovia Bank NA from pursuing a breach of contract and tortious interference suit against a Delphi employee.
U.S. workers hit retail giant Wal-Mart with a class action Friday for allegedly conspiring to delete employees’ work hours from payroll records and thus limit annual contributions to its workers' retirement plans.
A federal bankruptcy judge on Friday refused to reverse the wage cuts imposed by Northwest Airline Corp. on its 8,000 flight attendants.
A federal jury on Friday ordered UBS Financial Services Inc. to pay more than $3.5 million in punitive damages in a case brought by a former stockbroker who claimed the financial giant fired her for failing to meet asset management standards it did not similarly require of male financial advisors.
As the lone woman and one of two Democratic members on the National Labor Relations Board, Wilma Liebman says she sometimes feels like she’s in solitary confinement. That’s not to say, however, that she doesn’t enjoy what she does.