Brad Seligman News
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Wal-Mart Stores Inc. must face an 11-year-old gender discrimination lawsuit brought on behalf of workers in California after the U.S. Supreme Court barred a lawsuit representing Wal-Mart employees nationwide.
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The U.S. Supreme Court’s rejection of a nationwide class action for female workers suing Wal-Mart Stores Inc. doesn’t foreclose the ability of employees to bring similar suits for many other types of claims against companies.
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Wal-Mart Stores Inc. female employees suing the retailer for back pay in the biggest private gender-bias case in U.S. history can proceed as a group on behalf of as many as 1 million women, an appeals court ruled.
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Barclays Plc, after defeating an $11 billion lawsuit by Lehman Brothers Holdings Inc., seeks to dismiss the defunct firm’s remaining claim for $500 million in allegedly unpaid bonuses.
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More than 500 former and current female Wal-Mart Stores Inc. employees filed sex-discrimination claims with the U.S. Equal Employment Opportunity Commission, their attorneys said.
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Women who originally sued Wal-Mart Stores Inc. for sex discrimination on behalf of 1 million female co-workers across the U.S. amended their suit to cover bias claims of only workers in California.
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Costco Wholesale Corp. may be able to block women accusing it of gender bias from suing as a group because of the U.S. Supreme Court’s decision in a discrimination suit against Wal-Mart Stores Inc.
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The U.S. Supreme Court, in a ruling that will mean new limits on class-action suits, ruled that Wal- Mart Stores Inc. can’t be sued for discrimination on behalf of potentially a million female workers.
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More than 100 Wal-Mart Stores Inc . workers paint a similar picture in sworn complaints about the company: Local managers made sexist decisions about promotions and pay, and top officials did nothing to stop them.
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Kareem Serageldin, the ex-global head of Credit Suisse Group AG’s CDO business charged in a bonus- boosting fraud tied to a $5.35 billion trading book, was surprised by the U.S. indictment since he has been cooperating with investigators for four years, his lawyer said.
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