Wal-Mart workers hit their employer with a proposed class action on Friday, charging that the megastore has secretly deleted and faked payroll records in order to cut down on their wages.
In a significant interpretation of cross-country trademark laws, an appeals court has ruled that owners of famous trademarks do not have exclusive rights to their brands in countries where they are not established.
Two white Wal-Mart employees filed a race discrimination suit against the retail giant on Friday after their supervisor allegedly accused them of racial profiling for detaining too many black customers for shoplifting.
China’s top trade union federation lashed out Monday at global fast-food chains in the wake of allegations in the province of Guangdong that the companies pay their part-time workers up to 40% less than the local minimum wage, which is about $1 an hour.
Citing evidence of shredded documents, cooked books, falsely inflated profits and a secret stash of jewels, an insurer wants a court to rescind a policy issued to beleaguered drink maker Le-Nature’s.
An attempt by the company formerly known as Malden Mills Industries Inc. to convert its Chapter 11 case to a Chapter 7 proceeding has won new support with a statement from its U.S. Trustee.
In a notable decision for companies embroiled in litigation over their retirement plans, a federal judge has denied Kraft Foods Global Inc.’s request to dismiss a proposed class action alleging breach of fiduciary duty against the company and its 401(k) plan sponsors.
A number of secured vendors, including Sony BMG, Twentieth Century Fox Home Entertainment and Warner Home Video, have filed a lawsuit against bankrupt Tower Records to stop the company from putting money they are allegedly owed toward administrative and other expenses.
A grocery workers union has accused the Albertsons supermarket chain of trying to intimidate union workers prior to a strike authorization vote in a claim filed with the National Labor Relations Board.
Though a bankruptcy court judge on Wednesday agreed to eliminate some of the claims in a lawsuit filed against Foamex International alleging defamation and breach of contract, he denied the company’s request to dismiss the entire complaint.
A fired Wal-Mart marketing executive has accused the retail giant of launching a smear campaign in retaliation for her $1.5 million lawsuit.
Darden Restaurants Inc., the owner of Red Lobster and Olive Garden, disclosed Thursday that it has settled with a group of former employees who sought unpaid overtime wages and penalties.
A merger between the only two satellite radio providers in the U.S. would constitute a monopoly under the most reasonable market definition, according to a study released Thursday.
A federal judge has granted summary judgment to a number of department stores, ending a lawsuit that alleged they were infringing on a patent relating to technology for establishing credit accounts.
Unsecured creditors of Global Home Products LLC are taking aim at Wachovia Bank in a lawsuit that challenges liens the bank believes it has on the insolvent housewares maker’s assets.
FPL Food LLC, which bills itself as the largest privately owned, fully integrated beef processing facility in the southeastern United States, is facing a proposed class action filed by two former employees who claim the company violated federal law by not adequately compensating workers.
Housewares company Home Products International Inc. emerged from bankruptcy on Wednesday after having declared over $116 million in publicly held debt only four months ago.
Unsecured creditors of Malden Mills Industries Inc. want a bankruptcy court to sign off on a deal with the beleaguered fleece manufacturer’s creditor General Electric Capital Corp. following months of "difficult negotiations."
In an unusual move, the Office of Fair Trading has decided to offer supposed members of a cartel in the British construction industry another way to receive reduced penalties after refusing to accept any more leniency applications.
After much debate, Werner Co. has designated a lead bidder in the auction for its assets, choosing a $265 million offer put forth by two first-lien lenders in the ladder maker’s bankruptcy case.