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18 Mar 2024, 6:00 am
Background The FLSA generally requires that all covered non-exempt employees must be paid at least the federal minimum wage and overtime compensation for hours worked in excess of 40 in a workweek. 2 The FLSA also establishes child labor and recordkeeping requirements 3 and prohibits retaliation against employees who are discharged or discriminated against for asserting rights under the Act. 4 A threshold issue to determine FLSA coverage is whether the hired party is an employee or… [read post]
17 Mar 2024, 7:14 pm
Stifel Nicolaus & Co Inc. [read post]
15 Mar 2024, 6:07 am
Population Services, Inc. [read post]
12 Mar 2024, 2:25 pm
Such a collection of practices would shield Google from nearly all possible competition and allow it to charge excessive fees due to its dominance in the market. [read post]
8 Mar 2024, 6:00 am
This safe harbor defines fee amounts below which a bank is presumed compliant with a 2009 statutory ban on excessive card fees. . . . [read post]
6 Mar 2024, 12:32 pm
Qoins Technologies, Inc., --- F.Supp.3d ----, 2024 WL 911075, No. 1:22-CV-5020-MHC (N.D. [read post]
4 Mar 2024, 5:56 pm
ICON Health &Fitness, Inc., 572 U.S. 545, 553 (2014), and the text of the CTA is wide-ranging inscope. [read post]
3 Mar 2024, 5:41 am
These developments are not surprising given the excessive leverage and high costs associated with these programs. [read post]
The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)
29 Feb 2024, 2:29 pm
Sixth, the Compensation Cost Principle requires “special consideration” of compensation costs for certain individuals.[25] Such individuals include owners of closely held corporations, members of limited liability companies, partners, sole proprietors, or members of their immediate families, and persons who are contractually committed to acquire a substantial financial interest in the contractor’s business.[26] Compensation for those individuals must be reasonable for the personal… [read post]
29 Feb 2024, 2:13 pm
In this case, the Navy awarded a task order, containing cost-reimbursable CLINs, to Green Expert Technology Inc. [read post]
28 Feb 2024, 6:51 am
Pereira, the former CEO and co-founder of Alfi, Inc., a/k/a Uptix-12 with making materially false and misleading statements on social media about the company’s financial and performance metrics in an attempt to boost the now defunct company’s stock price. [read post]
28 Feb 2024, 12:15 am
Advanced Structural Techs., Inc. [read post]
25 Feb 2024, 2:02 pm
Avianca, Inc., Judge Castel sanctioned lawyers who "abandoned their responsibilities when they submitted non-existent judicial opinions with fake quotes and citations created by the artificial intelligence tool ChatGPT. [read post]
Navigating Fair Compensation in Closely Held Companies: The Legal Implications of Excessive Salaries
25 Feb 2024, 11:20 am
Louvers International, Inc., courts have found that depriving a minority shareholder of his rightful pro rata distributions through excessive compensation can constitute a breach of fiduciary duty. [read post]
22 Feb 2024, 11:45 am
Collinsville Volkswagen, Inc. [read post]
22 Feb 2024, 10:13 am
., Inc. v. [read post]
21 Feb 2024, 1:28 pm
Also, in Daily Income Fund, Inc. v. [read post]
13 Feb 2024, 11:53 am
The officer-defendant turned over information on one previous allegation of excessive force, but nothing relating to any lawsuits. [read post]
13 Feb 2024, 4:00 am
Apple Inc., February 7, 2024, Rochon, J.).Proxy statement. [read post]
12 Feb 2024, 6:07 am
In the retirement plan excess fee cases, the damage models are mostly about purported excess payments to TIAA, Fidelity, and other service providers. [read post]
