Posts Tagged ‘ Week Adjourned ’
Week Adjourned: 10.30.09
October 30th, 2009. By LucyC
The Age of the Overtime Class Action…
Top Class Actions
Wells, It’s Official… Wells Fargo is now facing a wages and overtime class action filed by technical support staff who allege that they were not paid for time worked in excess of 40 hours per week.
The suit covers all network engineers, operating systems engineers, information security analysts, technical service specialists, systems support analysts, web engineers, web support engineers, web systems engineers, operating systems analysts (level 2), systems QA analysts (levels 2 or 3), computer operations analysts (levels 3 or 4), database administrators (levels 2 or 3), and applications systems engineers (level 3) who worked for Wells Fargo as exempt employees at any time during the past three years anywhere in the United States. It is estimated that about 3,000 employees are eligible to participate in the unpaid overtime class action.
Eligible employees have 75 days to join the lawsuit.
BOA Constricting Overtime Pay? And then there’s Bank of America: A lawsuit was filed this week on behalf of telephone-dedicated employees for unpaid wages and overtime worked at company call centers across the country. The lawsuit was filed as a collective action, which Read the rest of this entry »
Week Adjourned: 10.23.09
October 23rd, 2009. By LucyC
Top Class Actions
Wynn Gambling with Employees Health? After all the noise about second hand smoke being a known risk factor for cancer, you would think the last thing an employer would want to do is wilfully expose its employees to the carcinogen. At the very least, why risk the lawsuit, right?
Wrong. The employees at Wynn Las Vegas Hotel and Casino filed a class action lawsuit this week, alleging that Wynn failed to provide a safe work environment for its employees and failed to protect them from the effects of second-hand smoke.
According to the suit, the risks are exacerbated for employees because not only is smoking permitted 24 hours a day, 7 days a week, but it is also encouraged. In some cases the casino gives cigarettes away to gamblers on the casino floor. What? That’s bad judgement no matter how you look at it.
The suit further claims employees that complain about the smoke risk losing their jobs. So, let’s see, you have to choose between risking your health or your livelihood. Or sue. Well—I’d choose the last option as well.
Top Settlements
New Math on Big Bank Fees: Big Banks = Big Fees = Big Lawsuits = Big Settlements. At Read the rest of this entry »
Week Adjourned: 10.9.09
October 9th, 2009. By LucyC
Top Class Actions
Giving new meaning to Renaissance architecture? Hundreds more people in Florida may be onboard with a new Chinese Drywall class action filed this week. The suit names Coastal Condominiums and Precision Drywall as defendants, and alleges that the toxic drywall used in the construction of Renaissance Commons (at right) is emitting toxic gases into people’s homes.
During the Florida building boom hundreds of millions of pounds of drywall was shipped to ports around the United States from China. While 25 states have reported issues, problems were first noted in Florida, likely because the defective drywall seems to react strongly in humid conditions.
Apparently, some 600 Floridians in 30 counties have reported symptoms such as irritated eyes, bloody noses, rashes and insomnia. This certainly puts a new twist on that old expression— ‘there’s no place like home…’
Mario Aliano is one pissed off beer drinker (bad pun, I know). In fact he’s so angry Read the rest of this entry »
Week Adjourned: 9.25.09
September 25th, 2009. By LucyC
Top Class Actions
Behavioral Healthcare Behaving Badly? So, another securities class action to report this week, this one centers on Psychiatric Solutions Inc, a company that provides inpatient behavioral healthcare services. Great—they’re in the behaviour business…that’s encouraging…The suit alleges that the folks running the company— directors and officers—failed to disclose problems regarding safeguards and controls for some of its operations, and that the company directors and certain of its officers flogged stock on the back of “materially false and misleading” statements about their financial health.
While this class action obviously affects people who bought Psychiatric Solutions stock, did you know that if you are an employee and have been issued stock or stock options in this company—you may be eligible as a plaintiff in this class action under Employee Retirement Income Security Act (ERISA)?
Top Settlements
Say it isn’t True, True. Another dating story gone wrong—only this time it’s the dating site that’s to blame—not the date. TrueBeginnings LLC, the owner and operator of the True.com Read the rest of this entry »
Week Adjourned: 9.18.09
September 18th, 2009. By LucyC
Top Class Actions
Forgot their Dutch lessons? Perhaps the folks at Wachovia didn’t spring for a trip to Holland to learn how to run an auction. So if you bought Wachovia stock between March 19, 2003 and February 13, 2008 you may be interested to know that Wachovia Corporation was served with a potential class action this week. What did they do? Well, the complaint alleges that throughout the above mentioned period (the class period), Wachovia Securities and A.G. Edwards “engaged in deceptive and manipulative tactics directed at ARS investors to create the appearance of a functioning auction market.” That doesn’t sound good, never mind legal.
If you own this stock you may want to follow this one.
Top Settlements
DanActivate that Settlement! Dannon has been ordered to pay up in a class action settlement alleging misleading advertising about its Activia and DanActive yogurt products. You mean pro-biotic yogurt can’t cure everything that ails you? Read the rest of this entry »
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