In a complaint filed Aug. 18 in U.S. District Court in San Jose, CA., four former employees of the company allege that beginning in 2012, HP’s goal “was to make the company younger.” As such, it targeted older workers for termination and then systematically replaced them with younger employees, according to the complaint filed and reported on by the San Jose Mercury News and other outlets. The …
Wahlburgers, the reality show-famous burger chain run by actor Mark Wahlberg and his family, is being accused of stiffing its employees. A class-action lawsuit filed by five employees says a Coney Island franchise has committed wage theft and violated numerous state and federal labor laws, according to the Hollywood Reporter. The lawsuit filed yesterday in New York alleges that Wahlburgers’ …
Morgan Stanley was hit with a class action Friday, filed on behalf of 60,000 workers. The suit claims that the company mismanaged its own employees’ retirement plans by offering poorly performing funds and charging excessive fees.
Valeant Pharmaceuticals International Inc. refilled patients’ prescriptions without their permission and steered them to more expensive drugs in order to boost sales and profits, according to a lawsuit that sheds new light on the drug company’s secret operations. T. Rowe Price Group Inc. sued Valeant and its top executives, using information from former employees to back its claims that the …
A U.S. judge on Thursday rejected an attempt by Uber Technologies Inc to settle a class action lawsuit with drivers who claimed they were employees entitled to expenses. In a case that has been closely watched in Silicon Valley, where many companies use on-demand workers, U.S. District Judge Edward Chen in San Francisco ruled that the …
Is 401(k) fee litigation over? Now that many of the cases contending that large 401(k) plans paid too high fees have been settled or decided, it would be tempting for plan sponsors that haven’t been sued to breathe a sigh of relief. They should not do so, because litigation continues unabated with new theories and targets.
With some of the universities named in the lawsuits holding more than 400 fund options managed by five or more record keepers, universities will have a difficult time wading through details of each fund to determine if and how they could have noticed trends of investment underperformance. But with higher education at large struggling to maintain endowment gains, and …
Schlichter, Bogard & Denton, a leading national law firm based in St. Louis, today filed separate class action lawsuits against three universities on behalf of over 60,000 employees in their defined contribution retirement plans. The complaints, David B. Tracey, et al., v. Massachusetts Institute of Technology, et al. ; Dr. Alan Sacerdote, et al., v. New York …
For 18 months, Haidar Omarali says he was told when and where to work by multimillion-dollar utilities retailer Just Energy. He was told what to say to customers courtesy of a pre-written script, what to wear in the form of company branded clothing, and was trained, supervised and disciplined by his company. Sound like an employee to you?
A group of employees and students at two of the borough’s schools have filed a lawsuit against PBF Energy refinery alleging the company was negligent last year, allowing them to breathe a toxic chemical, according to a Courier Post report. Multiple individuals were sent to local hospitals in March 2015 when a broken seal on a PBF tank caused the odor of Naphtha, a liquid hydrocarbon …