A class action lawsuit brought by former workers at Montana Power Co. and the defunct utility has been settled for $1.2 million. Montana Power, through a liability insurer, agreed to pay the... Read more
In a most significant decision, a federal judge has ruled that Tyco International Ltd. can’t rely on an Employee Retirement Income Security Act provision that shields fiduciaries again... Read more
Merrill Lynch & Co., now owned by Bank of America Corp., has agreed to pay $75 million to settle a class action lawsuit by employees who lost money investing in Merrill stock through th... Read more
Under the Fair Labor Standards Act (FLSA), “motor carriers” have traditionally been exempt from the overtime requirement that employees receive time and one-half for all hours worked in exce... Read more
Today’s difficult economic and financial climate has many companies considering various cost-cutting measures, including layoffs, reduced workweeks, pay reductions and voluntary furlou... Read more
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