A federal appeals court ruled Tuesday that taxing compensation received for emotional distress is unconstitutional, reversing a district court’s decision and redrawing the guidelines for taxing personal injury awards.
After months of escaping the law, a former employee of agrochemical giant Dow Chemical Co. has been arrested in Seattle on charges that he stole company trade secrets in order to market them to Chinese businesses.
Implementing the Senate’s immigration bill would cost the United States government about $126 billion over the next 10 years, according to a report issued Friday by the Congressional Budget Office.
A Minnesota school district has agreed to fork over $1.1 million to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission that alleges the district’s early retirement program discriminated against older employees.
A class action lawsuit filed against the Boeing Company on Monday alleges that one of the company’s divisions, Boeing Rotocraft, violated a collective bargaining agreement relating to lifetime retiree health care benefits.
A district court has signed off on a settlement between the New York Convention Center Operating Corp. (NYCCOC) and a class of current and former African-American and Hispanic employees who brought an action claiming the rampant racial discrimination at the convention center created a “hostile” work environment.
Less than a month after a federal appeals court ruled that International Business Machine Corp.'s cash-balance pension plan does not discriminate against older workers, the plaintiffs in the closely watched case are asking the court to reconsider its earlier decision.
Two insurance salesmen have lost a class action appeal against their employer, AXA Network LLC, that alleged the life insurance brokerage deliberately cheated them out of benefits by altering how insurance salesmen are classified as full-time employees.
Weeks after Delta Air Lines asked a federal bankruptcy court for approval to terminate its pilots’ pension plans, a group of retired pilots is lashing out against the bid, saying the embattled carrier is trying to avoid its obligation to shell out settlement proceeds.
A recent ruling by the California Supreme Court may clarify the scope of legislation passed to curb potential abuses of California’s Unfair Competition Law.
Cablevision Systems Corp. is facing both federal investigations and at least one lawsuit related to stock options backdating, the company said Wednesday in a filing with the U.S. Securities and Exchange Commission.
U.S. President George W. Bush signed into law a pension reform bill on Thursday that is designed to close loopholes in the pension system, and particularly offers relief for employees at bankrupt Northwest Airlines Corp. and Delta Air Lines Inc.
Facing criminal charges stemming from an investigation into options backdating, former Comverse Technology CEO Jacob “Kobi” Alexander has fled the country, and is now considered a fugitive by the U.S. government.
A case brought by the founder of Penthouse magazine against his former company alleging that it stripped him of millions and conspired to defraud him after it went bankrupt has been remanded to state court.
A lawsuit seeking class action status has dragged Witness Systems Inc. deeper into the mud over its alleged options backdating practices, claiming the company deceived investors over the timing of its stock options grants and submitted misleading information to the U.S. Securities and Exchange Commission.
A long-running, bitter battle over allegedly stolen trade secrets between two technology companies has ended, with only one of the companies remaining in business.
The U.S. Court of Appeals for the Federal Circuit has overturned and vacated a U.S. Merit Systems Protection Board decision over awarding back pay to a former welder for the U.S. Department of the Army.
Creditors of Dana Corp. said Monday that the auto parts supplier’s executive bonus plan could create a “windfall” for six top executives if they are able to direct the company to slash workers’ retirement benefits.
Conseco Inc., a once-highflying financial services company, prevailed Friday in its fight to avoid paying millions of dollars to cash out an unusual life insurance agreement for the former executive accused of driving the firm into the ground.
A former secretary for Coca-Cola Co. who was charged with stealing trade secrets and trying to sell them to rival PepsiCo Inc. along with two other defendants has requested she be tried separately.