Posts Tagged ‘ Cold MD ’

Week Adjourned: 1.6.12

January 6th, 2012. By LucyC

Top Class Actions

Pay your staff overtime? Just do it! A former employee of the San Francisco NikeTown Store has filed a wages and overtime class action complaint against Nike alleging that the sporting goods manufacturer failed to compensate him for overtime, meals and rest breaks as well as any additional shifts he worked. The lawsuit has two (2) potential classes: “All employees of Defendants who worked as Sales Associates, or any other non-exempt job position, who were subject to Defendants’ policy of searching Defendants’ employees upon exiting one of Defendants’ store locations in California from December 28, 2007, to the date of filing this Complaint.” This group is hereinafter referred to as the “California Class.” This period of time is hereinafter referred to as the “California Class Period.”

And, “All employees of Defendants who worked as Sales Associates, or any other non-exempt job position, who were subject to Defendants’ policy of searching Defendants’ employees upon exiting one of Defendants’ store locations in the United States of America from December 28, 2008, to the date of filing this Complaint.” This group is hereinafter referred to as the “Nationwide Class.” This period of time is hereinafter referred to as the “Nationwide Class Period.”

The employment lawsuit was filed by Webster Proctor, on behalf of himself and behalf of others similarly situated. According to the complaint, Proctor was employed by Nike from approximately April 2010 until approximately May 2011. During that time he alleges in the lawsuit that he generally worked four (4) 8-hour shifts per week and was deprived of pay for all the hours he worked, meal and rest breaks, and proper overtime pay.

Specifically, the wages and hour class action lawsuit alleges: failure to compensate employees for all hours worked; failure to pay overtime; failure to provide meal and rest periods; failure to furnish accurate wage statements; failure to maintain employee time records; and unfair competition.

Top Settlements

Is it snake oil? An unfair business practices lawsuit against dietary supplement distributors Iovate Health Sciences Inc., and Iovate Health Sciences USA Inc., look certain to be settled as the companies have agreed to pay $1.5 million in civil penalties and costs. This is reportedly the second largest multidistrict attorney dietary supplement settlement of its kind in California.

The lawsuit was brought by the District Attorney’s Office in Santa Cruz, Napa, Alameda, Marin, Monterey,

Tags: Accelis, Allergy MD, Allergy MD Rapid-Tabs, Bank of America, Capital One, Chase, Citibank, Cold MD, Credit Card Dispute Arbitration, Discover, Employment, EZ-Swallow Rapid-Tabs, Germ MD, Germ MD Effervescent Tablets, HSBC National Arbitration Forum, Inc.(NAF), Iovate Health Sciences Inc., Iovate Health Sciences USA Inc, nanoSLIM, Nike Wage and Hour Lawsuit, NikeTown Lawsuit
Posted in Class Action, Emerging Issues, lawsuits, Settlement, Week Adjourned | 9300No Comments »Week+Adjourned%3A+1.6.122012-01-06+23%3A32%3A42LucyC

Week Adjourned: 7.10.09

July 11th, 2009. By LucyC

Top Class Actions

Manulife meets its Waterloo? Ok, lousy play on words—and not everyone knows Manulife is based out of Waterloo, ON (city motto: stability). But, indeed, a class action lawsuit was filed this week on behalf investors who purchased the securities of Manulife Financial Corporation between March 28, 2008 and June 22, 2009. Manulife is considered a “safe bet” as an investment tool, and is among the top insurance companies in the world, largely due to its risk management strategies. But this time, they may not have followed their own investment guidelines.

The complaint alleges that contrary to the Company’s own risk management strategy, Manulife applied no material hedging strategy to manage risk particularly during an economic downturn (hmm, could the book at right have come in handy? just asking). The complaint further alleges that notwithstanding its risk management strategy Manulife built up a massive stock portfolio, which Read the rest of this entry »

Tags: Cold MD, Manulife Financial, Synovus Financial, Week Adjourned
Posted in Emerging Issues | 650No Comments »Week+Adjourned%3A+7.10.092009-07-11+23%3A41%3A50LucyC