Work covered by California’s Prevailing Wage Law includes installation of traffic light cameras. A recent article about red light light cameras highlights a prevailing wage issue that may not be commonly understood. Projects paid in full or in part with public funds require payment of prevailing wage rates, which are […]
In a win for employees, on June 25, 2014 the United States Supreme Court issued its ruling in the highly anticipated case, Fifth Third Bancorp v. Dudenhoeffer, and rejected the presumption of prudence standard in ESOP stock-drop cases. For years, federal courts have followed a standard of presumption of prudence […]
Recently the Wall Street Journal featured three articles related to Employee Stock Ownership Plans (ESOP) and valuation practices that put employees’ retirement funds at risk. These articles discuss increased scrutiny by the federal government to ensure that employees are not cheated in their ESOP retirement funds. They also describe the […]
The California Supreme Court issued its long awaited ruling today in Iskanian v. CLS Transportation holding its prior ruling in Gentry v. Superior Court (2007) 42 Cal.4th 443 (Gentry) has been abrogated by recent United States Supreme Court precedent and that class action waivers in employment arbitration agreements are valid […]
Today’s Wall Street Journal features our recent ESOP case brought on behalf of our client John Vincent and over 200 other former employees of Southern California Pipeline Construction. We were pleased to obtain a successful result for our clients to recover their ESOP retirement benefits. Read the article “U.S. Increases […]
Investors have become familiar with the names Madoff and Ponzi, they get the connection. But it is often new news to hear that there have been more than 500 other Ponzi schemes in the ‘Madoff Era.’ A recent Forbes article recounts the story of Madoff and the nearly $20 billion […]
The San Diego Union-Tribune today reported that the state of California has issued a fine of $200,000 over a wage issue involving two public schools and dozens of workers. The state claims that the subcontractor, La Jolla Electric, failed to pay prevailing wages. The company has appealed. Contractors and subcontractors […]
Beginning January 1, 2014 several changes to California Labor Code relating to public works and the prevailing wages took effect. These changes benefit employees by: Lengthening the period in which claims can be filed Increasing the penalties and damages available to employees who did not receive their proper wages Improving […]
Employment cases routinely proceed as class actions. Plaintiffs and their attorneys seek to represent large numbers of employees to correct common legal wrongs and to obtain common fund damages. Employers and their counsel reflexively contest class certification or seek to decertify class action cases after certification is granted. But decertification […]
This is a historic moment for public works in the city of San Diego. After decades of neglect, the city is intending to rebuild our streets, sidewalks, storm-drains, libraries and parks, and replace an aging water-wastewater system. In the coming fiscal year, the city is proposing over $330 million in […]
