Bitter pill for Wal-Mart? Salaried professionals sue: the giant retailer may have to pay pharmacists overtime. Corporate productivity pressures spur white-collar suits

Article Abstract:

Over 150 pharmacists working for Wal-Mart Stores Inc. have brought a class action suit against the store for compensation for overtime hours worked. The pharmacists claim that categorization as salaried employees provided the store with a way to get overtime work without compensation, but the pharmacists were not given the flexibility associated with salaried employment. Labor suits by white-collar works are increasing as companies attempt boost productivity while downsizing and freezing wages. The suit could cost Wal-Mart $125,000 per pharmacist.

All Other Specialty Food Stores, Discount Chains, Variety stores, Laws, regulations and rules, Work hours, Wal-Mart Stores Inc., WMT, Discount stores, Pharmacists, Overtime

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Defendants are upstaged by prosecutors; charges of bank fraud are overshadowed by allegations of prosecutorial misconduct

Article Abstract:

US District Judge Kenneth Hoyt has cited two federal prosecutors for contempt of court and forced an Asst US Atty to testify under oath in an orginally minor bank fraud trial in Houston. The case, with 10 defendants, deals with the failure of two Houston banks; prosecutors claim the use of $7 million to buy troubled loans was part of an effort to deceive federal regulators. The defense claims the govt simply misunderstood the transaction and, under Justice Dept pressure, covered up exculpatory evidence.

Analysis, Misconduct in office, Bank fraud

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