On April 1, 2022, after multiple years of pandemic-induced layoffs, staffing shortages, contentious vaccine policies, and other workplace issues, Amazon.com, Inc. (“Amazon” or the “Company”) workers at the JFK8 warehouse facility in Staten Island voted in favor of union representation under the Amazon Labor Union (“ALU”), the first certified union to represent Amazon workers. The historic vote presents a massive breakthrough in worker safety.
On June 10, 2022, Google LLC agreed to pay $118 million to settle a class action gender discrimination lawsuit filed by former employees in the Superior Court of California, County of San Francisco. Originally filed in September 2017, the lawsuit advanced four California state law causes of action against Google based on alleged salary disparity, including an Equal Pay Act claim, a Labor Code claim, a Business and Professions Code claim, and a claim for declaratory judgment.
On April 26, 2022, Fidelity Investments, Inc. announced that it will offer Bitcoin for employers to include as an investment option in their 401(k) plans. Fidelity will be the first major retirement plan service provider to offer crypto currency.
On March 8, 2022, United States District Judge Frank D. Whitney of the Western District of North Carolina approved a $3.5 million settlement of class action claims alleging the Company mismanaged its defined contribution retirement plan. Represented by Miller Shah, two former Coca-Cola Bottling employees specifically alleged that the Company mismanaged the Plan by incorporating excessive fees and risky investment options.
On February 17, 2022, a class of 1,322 California drivers announced an $8.43 million settlement with Uber Technologies, Inc. to resolve claims that Uber intentionally misclassified its drivers as independent contractors between February 28, 2019 and December 17, 2020.
On February 23, 2022, U.S. District Judge Martha Pacold granted Uber’s motion to compel arbitration in a lawsuit over the classification of its employees under federal wage laws.
XPO Logistics has agreed to pay $9.5 million in a settlement with California truck drivers in a lawsuit over alleged worker misclassification.
On February 14, 2022, U.S. District Judge Alison J. Nathan granted final approval of a proposed $18 million Settlement in a class action against AMC Entertainment Holdings, Inc. The Settlement resolves allegations that AMC misled investors when touting the Company’s plans to acquire Carmike Cinemas, Inc., Odeon & UCI Cinema Group, and Nordic Cinema Group AB.
On January 24, 2022, the Supreme Court of the United States unanimously ruled that 401(k) plan participants of Northwestern University could proceed with their lawsuit against Northwestern and the administrators of the University’s 401(k) retirement plan for alleged mismanagement of the plan.
On October 21, 2021, the Commodity Futures Trading Commission announced that it had awarded a single, unnamed whistleblower nearly $200 million for information that led to a successful enforcement action relating to interest rate manipulation at a large financial firm.