Washington, DC, June 19, 2019--A new compilation of court records finds that over the past decade employers have paid out $174 million to resolve class-action lawsuits alleging that they violated federal rules governing the use of background-check reports on job applicants. Companies providing those reports have paid out another $152 million when they have been sued directly.
A new compilation of court records finds that large corporations have paid out $6.2 billion in class-action lawsuits in which employees claimed that the companies acted improperly in the administration of their 401(k) or defined-benefit pension or retiree health plans. That’s the total of 201 settlements and verdicts since the
A new Good Jobs First report finds that many large corporations operating in the United States have boosted their profits by forcing employees to work off the clock, cheating them out of required overtime pay and engaging in similar practices that together are known as wage theft.
It’s common for governors to stage publicity events to announce major job-creating investments in their state. This allows them to take implicit credit for a project that was probably helped along with tax breaks and other financial giveaways. When it came to the Taiwanese company Foxconn’s plan to build a $10 billion flat-screen plant in Wisconsin, the hype was taken to a new level.
Good Jobs First today lauded the Governmental Accounting Standards Board (GASB) for its latest formal guidance on how localities and states should disclose the costs of economic development tax breaks. Noting that the guidance apparently corrects at least one state auditor and some accounting firms, Good Jobs First called upon state officials and firms to publicize the new guidance and, if necessary, to revise and re-issue any erroneous instructions they may have given.