It's hard to imagine a bank -- candidly, any business in the United States, regardless of industry -- suffering through a tougher year than Wells Fargo did in 2016.
As an employee, you hope you're never faced with a dispute regarding your employer. Unfortunately, when it comes to wages and benefits you never know if something could go wrong. If this happens, you have every right to stand up for yourself.
Based upon any number of indicators, principals at the federal Transportation Security Administration have a fair amount of remedial work aimed at reputation restoration to do.
Here's a point that comes through with crystal clarity in a recent federal blog post authored in tandem by two U.S. Department of Labor administrators: some seriously high wattage will power the beam focused by federal regulators on any wage-based claim featuring allegations of employer retaliation.
So-called non-compete agreements have become something of a pariah in the business world in recent years, suffering from a barrage of complaints that tag them as repressive instruments that unfairly burden workers. One recent article penned by a U.S. Department of Labor attorney calls them "overbroad, blunt instruments" that are far too often used in lieu of other means of balancing the employer-employee relationship.
A proposed class of drivers appealed the lower court's decision requiring them to arbitrate their wage claims on an individual basis against the ride-hailing company, Uber Technologies Inc. ("Uber" or the "Company"). Specifically, U.S. District Court Judge James S. Moody Jr. rejected all three arguments made by the drivers, that: (1) the arbitration clause was unconscionable; (2) the provision requiring drivers to split the cost of arbitration was unlawful; and (3) the forum selection provision was unlawful. Coming before the Eleventh Circuit Court of Appeals, the drivers have now argued that the Federal Arbitration Act ("FAA") bars the arbitration clause in the user agreements.
"[W]hen employers deliberately misclassify employees in an attempt to cut costs, everyone loses."
Companies coast to coast are finding out that the U.S. Securities and Exchange Commission is more than willing to go to bat for corporate whistleblowers who are retaliated against for exposing business fraud.
The ubiquitous public transportation company Uber certainly had reason to cheer in the immediate wake of a settlement it forged this past April with many thousands of disgruntled drivers .
Between mid-2007 and early 2011, SunTrust Banks ("SunTrust" or the "Company") was accused of improperly handling its employees' 401(k) plan by purchasing its own common stock with the employees' retirement funds. Given the large stake in the subprime housing market (one of the main contributors to the Great Recession), SunTrust's employees filed a lawsuit in mid-2008, alleging that the Company's actions were imprudent and that it breached its Employment Retirement Income Security Act ("ERISA") fiduciary duties, which require SunTrust to act solely in the interests of the 401(k) plan members. The employees further claimed that SunTrust breached its fiduciary duties by failing to disclose how it was using the employees' retirement savings.