A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking down on such behavior early this year. The firm also disciplined two other people over… Continue reading Lloyd’s of London Broker Fires Manager Who Sent Harassing Email
Tag: employment practices liability insurance
Wells Fargo Overtime Deal Okay’d, Bank to Pay Millions
A federal judge gave preliminary approval Tuesday to a settlement that would have Wells Fargo & Co. pay a combined $35 million to current and former employees who weren’t paid overtime when working outside normal banking hours. A final approval hearing has been set for Jan. 13 in the federal court for New Jersey. Wells… Continue reading Wells Fargo Overtime Deal Okay’d, Bank to Pay Millions
Weinstein Reaches $44 Million Deal in Sexual-Misconduct Case
Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney general’s office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the Hollywood producer, according to people familiar with the matter. Lawyers involved in the discussions told a bankruptcy-court… Continue reading Weinstein Reaches $44 Million Deal in Sexual-Misconduct Case
McDonald’s Facing New Charges of Sexual Harassment
For the third time in three years, McDonald’s Corp. is facing allegations of rampant sexual harassment of female employees by male coworkers and managers. Twenty-three new complaints against McDonald’s — 20 of which were filed with the U.S. Equal Employment Opportunity Commission — were announced Tuesday by the American Civil Liberties Union, the labor group… Continue reading McDonald’s Facing New Charges of Sexual Harassment
Oracle Systematically Underpaid Thousands of Women, Lawsuit Says
Thousands of women were systematically underpaid at Oracle, one of Silicon Valley’s largest corporations, according to a new motion in a class-action complaint that details claims of pervasive wage discrimination. A motion filed in California on Friday said attorneys seek to represent more than 4,200 women and alleged that female employees were paid on average… Continue reading Oracle Systematically Underpaid Thousands of Women, Lawsuit Says
Google Walkout: Employees Stage Protest Over Handling of Sexual Harassment
Employees at Google offices around the world held a wave of walkouts on Thursday to protest the company’s handling of sexual harassment. The walkouts, which started in Asia and spread across continents, were planned for around 11 a.m. in their time zones. Protests were expected through the day in Google offices in the United States.… Continue reading Google Walkout: Employees Stage Protest Over Handling of Sexual Harassment
Ripples of #MeToo in the M&A World: Examining the “Weinstein Clause”
A recent report Bloomberg indicates the increasing relevance of buyers staying away from a “#MeToo company” in M&A transactions – i.e., a company facing sexual misconduct allegations. This does not suggest that buyers are staying away. Instead, buyers are developing novel ways of addressing the risk brought upon by a “#MeToo company.” The first method… Continue reading Ripples of #MeToo in the M&A World: Examining the “Weinstein Clause”
Google Gender Pay Gap: Women Advance Suit that Could Affect 8,300 Workers
A group of women who sued Google for pay discrimination are advancing a class-action lawsuit in California that could affect more than 8,000 current and former employees, the plaintiffs’ lawyer said. Jim Finberg, a civil rights attorney for the women behind the high-profile gender pay gap litigation, told the Guardian on Thursday that the Silicon… Continue reading Google Gender Pay Gap: Women Advance Suit that Could Affect 8,300 Workers
DOL Plans to Tackle Overtime and Joint Employer Issues in 2019
The U.S. Department of Labor (DOL) says it intends to unveil new overtime and joint employer rules in the recognizably near future. On Oct. 17 the department issued its fall regulatory agenda—not necessarily out of a public-spirited desire to be transparent, but because, as is the case with other federal regulatory agencies, it is required… Continue reading DOL Plans to Tackle Overtime and Joint Employer Issues in 2019
Supreme Court to Weigh Workers’ Right to Sue their Employers
Employers are still trying to figure out how to keep their workers from suing them, as three cases currently before the Supreme Court test the limits of firms’ ability to move disputes into arbitration and out of court and the public eye. With conservative justices in the majority, the court handed employers a victory earlier… Continue reading Supreme Court to Weigh Workers’ Right to Sue their Employers