Posted On: November 17, 2008

Overtime Pay for Interstate Drivers

The Fair Labor and Standards Act, which establishes rules for employers concerning maximum hours and overtime wages, has several clauses that excuse some employers from having to pay time and one-half for overtime wages. One such exemption provides that getting paid time and one-half for overtime hours is not required for any employee with respect to who the Secretary of Transportation has power to establish qualifications and maximum hours of service pursuant to the provisions of the Motor Carrier Act (“MCA”).

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Posted On: November 13, 2008

ADT Alerted to its Own Overtime Violations

On August 28, 2008, a group of current employees sued ADT Security Services, Inc. for failing to pay time and one-half for overtime hours worked, as required by the federal Fair Labor and Standards Act. The employees include those with positions as service and maintenance technicians as well as commercial and residential installers also known as installation technicians.

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Posted On: November 12, 2008

Forest Agrees to Settle Securities Class Action for $65 Million

On Monday, November 10, 2008, Forest Laboratories, Inc. filed a quarterly report with the Securities and Exchange Commission, revealing that it had agreed in principle to a settlement amounting to $65 million in In re: Forest Laboratories, Inc. Securities Litigation, 05-cv-02827 (S.D. NY).

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