Finance News & Insights

The $5.4M cell phone reimbursement mistake this company made

Most days you may feel like employees’ cell phones are surgically attached to their hands – at their desks, in meetings, even in the company restroom! But beware: Those little devices can saddle you with a big legal bill. [Read more…]

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Role-reversal: EEOC ordered to fork over $1.9M for ‘frivolous’ claims

The EEOC has a long history among employers of filing lawsuits for dubious reasons, and in this case, that strategy seems to have come back to haunt it. [Read more…]

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Is $100M settlement actually a win for Uber?

In the latest chapter of two highly publicized lawsuits involving independent contractors (ICs), Uber is officially on the hook for $100 million to its drivers. But did the ride-hailing company actually come out on top with this settlement?   [Read more…]

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FTC settlement shows key compliance area

A settlement between the Federal Trade Commission (FTC) and computer vendor Asus shows employers one way to stay on the feds’ good side – act quickly when you receive vulnerability reports.  [Read more…]

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Loose lips of worker’s daughter save firm $80K

Granted, all kids do dumb things from time to time, but the majority of these stupid exploits don’t make national news. While this college student’s father was probably furious over his daughter’s social media activity, chances are his former employer was thrilled by it. [Read more…]

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‘Excessive’ 401(k) fee lawsuit ends with $13.5 million settlement

Here’s an example of just how costly it can be when workers decide you’re not doing everything in your power to avoid paying excessive 401(k) fees. [Read more…]

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Last year's top discrimination suits cost employers $346M

Employers that end up snared in a discrimination lawsuit are likely to pay through the nose, according to the findings in a recent workplace litigation report. [Read more…]

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