AIG Reaches $40M Class Action Settlement Over Pension Funds

American International Group Inc. has agreed to a $40 million class action settlement to resolve allegations by its own employees for investing their pension plans in the company’s own stock, which had fallen significantly after the 2008 mortgage crisis. The plaintiffs filed… Read More »

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McDonalds 401K Plan Damage a Concern for Managers

McDonald's has been at the center of a class action investigation into whether or not it made bad investment choices that caused employees to lose money in their 401k plans. Even upper management positions are affected. Like many corporations in the United States,... Read More »

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Outback Steakhouse Faces Wage and Hour Class Action

An unpaid wages class action lawsuit has been filed against Bloomin’ Brands, owner of Outback Steakhouse, alleging that employees were forced to perform off the clock work for the popular steakhouse chain. The unpaid wages lawsuit alleges Bloomin’ Brands violated the Fair Labor Standards... Read More »

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McDonald’s Managers May Qualify for 401K Plan Class Action Lawsuit

Many McDonald’s employees who  were hired for McDonald’s management positions, such as Directors of Operations, District Manager Supervisors, and District Trainers, will rely on their 401k plans to provide or supplement their income during retirement. Unfortunately, many of these employees may see... Read More »

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Bad Faith Insurance Lawsuit Alleges Unum Failed to Pay

A new bad faith insurance lawsuit filed against long-term disability benefits insurance provider Unum Insurance Company alleges wrongful denial of a former Oregon Telco Credit Union worker’s long-term disability claim. Plaintiff John H. filed for long-term disability benefits under his Unum insurance policy... Read More »

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Merrill Lynch Hit With Unpaid Overtime Class Action Lawsuit

Two New York residents have filed an unpaid overtime class action lawsuit, alleging their former employer Merrill Lynch required them to work more than 40 hours per week but did not properly compensate them for the extra time. Plaintiffs Celeste O. and... Read More »

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Amazon Class Action Lawsuit Claims Employee Wages Cut

Amazon.com Inc. has been hit with a wage and hour class action lawsuit, alleging the online retailer took off at least 30 minutes of California warehouse workers’ wages if they clocked in four minutes late for their shifts, an action the plaintiffs... Read More »

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Unum Linked to Bad Faith Disability Insurance Claim Denials

Unum Life Insurance Company is the oldest disability insurance provider in America, providing policies to over 17 million Americans. The company, however, has garnered a nasty reputation of denying disability claims under alleged bad faith insurance circumstances. Bad faith insurance refers to... Read More »

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Bank of America Settles Wage and Hour Class Action Lawsuit

Bank of America has tentatively agreed to pay $9 million to settle a California wage and hour class action lawsuit alleging it misclassified tellers and other part-time bank employees in order to short employee wages on paid time off and overtime. U.S.... Read More »

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Servers at Steakhouse Want Class Cert. in Wage and Hour Class Action

A motion for class certification has been filed for an alleged unpaid minimum wage and overtime against Logan’s Roadhouse, Inc. on behalf of tipped employees who currently or previously worked at the restaurant during the past three years. The lead plaintiffs, two former servers of Logan’s... Read More »

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