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Finance/Taxes

Appeals Court Rules for Employer in Undocumented Worker Case

August 10, 2011
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The case of Vicente Salas v. Sierra Chemical Co. involves a seasonal production-line worker who used a counterfeit Social Security card with another person’s Social Security number to obtain work from Sierra intermittently over three years.
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Rabbis Demand Back Pay for Cheese Workers

August 3, 2011
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A Michael Moore-style demand for a meeting with executives is rejected as an Orthodox social-justice organization seeks unpaid overtime for employees of a kosher cheese-maker.
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Most Companies Moderately Concerned About Comparing Pay, Performance

July 29, 2011
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The SEC plans to propose and finalize implementation rules for the Dodd-Frank act's provision on executive pay and corporate performance sometime between August and December, although there is no indication they would take effect for the 2012 proxy season.
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Firefighters Reverse Discrimination Lawsuit Finally Settled

July 29, 2011
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Of the 17 plaintiffs in the case—Frank Ricci et al. v. John DeStefano et al.—16 were Caucasian and one was Hispanic.
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NFL Players Deal Will Allow Workers' Compensation Claims in Other States

July 27, 2011
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On July 23, an email by player representative and New Orleans Saints quarterback Drew Brees outlined three primary issues the players association still was grappling with, including workers’ compensation.
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Chrysler wont hike exec pay indiscriminately as U.S. caps end, CEO says

July 27, 2011
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The Detroit automaker was restricted from paying executives more than $500,000 as part of a 2009 rescue package financed by the U.S. Department of Treasury’s Troubled Asset Relief fund. General Motors remains under similar restrictions as part of its government rescue.
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Injured Employee Adequately Notified Employer, Due Workers' Comp

July 25, 2011
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Pennsylvania’s high court said that although the notice to the employer was not ‘letter perfect,’ state workers’ comp law directs that ‘a meritorious claim ought not, if possible, be defeated for technical reasons.’
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Express Scripts to Buy Medco Health Solutions in $29.1 Billion Deal

July 22, 2011
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In its note to investors regarding the sale, Chicago-based Morningstar Inc. said its analysts were ‘floored’ by news of the proposed deal. The note characterized the deal as having a ‘less than 50 percent chance’ of receiving FTC approval.
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Staffing Firm Randstad Announces Plan to Buy SFN Group

July 21, 2011
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Based on 2010 revenue of both firms, the deal would make Randstad the second-largest information technology staffing provider in the U.S. It could also become the second-largest provider of office clerical staffing.
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Survey: Boomers Not Interested in Traditional Retirement

July 13, 2011
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Fully 65 percent of those polled said they would ideally prefer to have some work during retirement. The statement particularly resonated among younger participants between 55 and 64, 77 percent of whom agreed that they would like to work in retirement. Only 56 percent of those over 65 felt the same way.
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