Managers

Class Action Wage Lawsuit Filed Against Joe’s Kwik Marts

A manager for Joe’s Kwik Marts filed a federal class action lawsuit against the company, alleging she and other managers improperly were denied overtime pay in violation of state and federal wage laws. Jenny Shiptoski of Old Forge claims she routinely worked 50 to 70 hours per week at several of the company’s convenience stores. The firm improperly avoided paying her overtime by classifying her …


Firm Used Taxpayer Money for Prostitutes, Las Vegas Bachelor Parties, DWP Claims in Lawsuit

The Los Angeles City Attorney alleged Thursday that top managers at a consulting firm hired by the Department of Water and Power authorized inflated time records to earn payments for work the firm never performed, then spent the money on prostitutes, hotels and bottle service liquor for two Las Vegas bachelor parties. A motion filed in Los Angeles Superior Court seeks to expand the civil …


Litigation Finance: The ‘Unicorn’ of Uncorrelated Absolute Returns?

Editor’s note: Billionaire Peter Thiel’s involvement in the infamous Gawker privacy case has renewed interest in litigation finance, an relatively esoteric corner of alternative investments that involves bankrolling lawsuits in return for a piece of any monetary judgements. As explained by Edward Truant, principal of commercial litigation finance specialist Balmoral Wood Litigation Finance, the …


Detroit Public Schools Sues State Officials for Civil Rights Violations

Another week, another lawsuit naming Michigan Governor Rick Snyder as the defendant. The Detroit Free Press reports that on April 7, the Detroit Public Schools board of education filed a federal lawsuit against the state. The suit alleges that the state’s emergency management of the district resulted in the violation of students’ civil rights.


Diversity Policies Rarely Make Companies Fairer, and They Feel Threatening to White Men

U.S. companies spend millions annually on diversity programs and policies. Mission statements and recruitment materials touting companies’ commitment to diversity are ubiquitous. And many managers are tasked with the complex goal of “managing diversity” – which can mean anything from ensuring equal employment opportunity compliance, to instituting cultural sensitivity training programs, to …