Stark & Stark Shareholder Comments on Citigroup’s Motion To Dismiss In Bonus Pay Class Action

Stark & Stark’s Employment Group was quoted in the January 14, 2010 RegisteredRep.com article, Citi Files Motion To Dismiss In Bonus Pay Class Action. The article discusses Citigroup’s recent decision to file a motion to dismiss a class action lawsuit filed against the firm over the terms of its financial advisor bonus pay agreements. The motion was filed with the U.S. District Court for the Southern District of New York this past Monday, January 11, 2010.

You can read the full article online here. (PDF)

Genetic Information Non-Discrimination Act

“GINA” (the “Genetic Information Non-Discrimination Act”) was signed into law on May 21, 2008 by President George Bush. It became effective a few days ago on November 21, 2009, at least with regard to its employment provisions (its health insurance provisions have been in place since May 21, 2009).

RIAs drive explosive growth of the Broker Protocol

Stark & Stark’s Employment Group was quoted in the November 17, 2009 RIABiz.com article, RIAs drive explosive growth of the Broker Protocol. The article discusses the recent rise in firms who have signed the Protocol for Broker Recruiting and what this truce will mean for changes in wirehouses across the country.  

You can read the full article online here.

It’s Payback Time on Promissory Notes

Stark & Stark’s Employment Group authored the article, It’s Payback Time on Promissory Notes, for the November 2009 edition of On Wall Street Magazine. The article discusses the recent trend in unhappy advisors seeking new firms in the wake of a down market and their old firm’s enforcement of collecting promissory notes.

You can read the full article online here.
 

Stark & Stark Shareholder Comments on FINRA Expulsion

Stark & Stark’s Employment Group was quoted in the October 19, 2009 Wall Street Journal article, COMPLIANCE WATCH: Expulsion Shows Risks Of Outside Accounts. The article discusses the recent expulsion of Miguel A. Chavez by the Financial Industry Regulatory Authority (FINRA). The expulsion comes as a result of Chavez’s association with firms that sell securities after he opened an outisde account and did not inform his employer of the account.

You can read the full article oline here. (PDF)

Be Clear With Your Company Email Policy

In a recent New Jersey Appellate Division Decision, Stengart vs. Loving Care Agency, Inc., the New Jersey Superior Court, Appellate Division, clarified when a company/employer can review and access an employee’s emails when the employee uses company technology to receive emails. Many employees mistakenly believe that personal emails received on a company computer are private.

Stark & Stark Shareholder Comments on Sarkozy’s Threat to Shun US Bankers

Stark & Stark’s Employment Group was quoted in the Bloomberg.com article, Sarkozy Threat to Shun Banks on Pay Draws U.S. Alarm. The article discusses the tough rounds of questioning Citigroup Inc. and six other bailed-out companies’ are undergoing by the government on how they compensate top-paid executives and the plan from French President, Nicolas Sarkozy, to shun bankers who don’t accept pay limits.

You can read the full article online here.

Stark & Stark Shareholder Comments on Berrien’s Nomination as Head of U.S. Equal Employment Opportunity Commission

Stark & Stark’s Employment Group was quoted in the August 10, 2009 Human Resource Executive Online article, An EEOC under Berrien? The article discusses why companies should prepare for increased enforcement and litigation if Jacqueline Berrien is chosen to head the U.S. Equal Employment Opportunity Commission.

You can read the full article online here.

Recent Case Law Under the Employee Polygraph Protection Act

Stark & Stark’s Employment group authored the article Recent Case Law Under the Employee Polygraph Protection Act: A Practical Review, for the June 2009 issue of the Privacy & Data Security Law Journal.

The article discusses the most recent case law relating to the Employee Polygraph Protection Act (EPPA) and provides employers guidelines for complying with the EPPA. You can read the full article online here.
 

The Impacts of Family Leave Insurance

With the advent of the newest employee benefit in New Jersey, business owners ask what impact Family Leave Insurance will have on the employer’s discretion to terminate employment due to business conditions or other considerations. The Legislature has made it clear that the amendments to the Temporary Disability Benefits law, commonly known as the “Paid Family Leave Act”, confer a monetary benefit, but not a leave entitlement. In other words, this law does not further erode the “At-Will” concept of employment, that the employer is free to change the working conditions or terminate the employment of a worker with or without notice and with or without good cause for the termination.

Blog Categories