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FedEx to pay $228 million to settle independent contractor case
2015-06-15 18:13:54| Air Courier - Topix.net
FedEx has agreed to pay $228 million to settle litigation claiming the company short-changed its drivers on pay and benefits by improperly labeling them as independent contractors. The settlement disclosed on Friday is directly related to a decision against the Memphis, Tenn.-based package delivery company in August, when a federal appeals court in Oakland found that FedEx Corp. misclassified 2,300 FedEx Ground and FedEx Home Delivery drivers working in California from 2000 to 2007 as independent contractors.
Tags: case
pay
million
independent
Court rules for DHHS in NCTracks case; keeps door open for providers
2015-06-15 12:53:30| IT Services - Topix.net
A judge ruled in favor of the state in a case that pits nearly every Medicaid provider in North Carolina against the N.C. Department of Health and Human Services and its claims processing IT contractor. Still, the Medicaid doctors weren't left with a complete loss as the judge also noted that they can still have their concerns heard - if they go through the proper administrative process instead of going directly to the courts.
Revisiting The Investment Case On Progenics Pharmaceuticals
2015-06-14 14:46:06| Biotech - Topix.net
The stock of small biotech Progenics Pharmaceuticals has been on the move since I last profiled the company over a month ago. The company recently got approved by the European Commission to expand distribution of its lead product and this should boost sales in the years ahead.
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investment
pharmaceuticals
revisiting
Fedex to pay $228 million to settle independent contractor case
2015-06-13 06:05:34| Air Courier - Topix.net
Fedex has agreed to pay $228 million to settle litigation claiming the company short-changed its drivers on pay and benefits by improperly labeling them as independent contractors. The settlement disclosed on Friday is directly related to a decision against the Memphis, Tenn.-based package delivery company in August, when a federal appeals court in Oakland found that FedEx Corp. misclassified 2,300 FedEx Ground and FedEx Home Delivery drivers working in California from 2000 to 2007 as independent contractors.
Tags: case
pay
million
independent
Texas high court rules for Hyders in Chesapeake royalty case
2015-06-12 22:16:10| Paper - Topix.net
Fort Worth's Hyder family won its fight in the Texas Supreme Court against Chesapeake Energy, with the state's high court narrowly ruling that the Oklahoma City-based energy giant improperly deducted post-production costs from their royalty checks. In a 5-4 decision, the majority ruled that the agreement the Hyder family signed with the original production company, a lease that was bought by Chesapeake, specifically barred the company from subtracting the money from the checks.
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