Thursday, January 14, 2021
Yesterday, the United States Court of Appeals for the Fifth Circuit rejected the commonly used and admittedly lenient
Lusardi framework for Fair Labor Standards Act (FLSA) conditional certification and set a new framework for courts to determine whether and to whom collective action notice should be issued.
Swales, et al. vs KLLM Transport Servs., LLC, No. 19-60847 (5th Cir. Jan. 12, 2021), available
here. In a significant departure from the current practice, the Fifth Circuit directed the United States District Courts to “rigorously enforce” the “similarly-situated” requirement
prior to authorizing notice of the opportunity to join a collective action to potential FLSA claimants. The practical result of this framework: The potential to reduce the number of FLSA collective actions or at least the scope of FLSA collective actions.
If You Purchased Certain Disposable Contact Lenses for Your Own Use From June 1, 2013 to December 4, 2018, this Litigation and a Class Action Settlement Could Affect Your Rights
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JACKSONVILLE, Fla., Jan. 8, 2021 /PRNewswire/ The following statement is being issued regarding In re. Disposable Contact Lens Antitrust Litigation.
A class action settlement has been reached with ABB Optical Group LLC ( ABB ), a distributor of disposable contact lenses manufactured by Alcon Vision LCC f/k/a Alcon Laboratories, Inc. ( Alcon ); Bausch & Lomb, Inc. ( B&L ); Johnson & Johnson Vision Care, Inc. ( JJVC ); and Cooper Vision, Inc. ( CVI ).
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HEADLINES & GLOBAL NEWS
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Dec 22, 2020 07:31 AM EST
Former Bloomberg reporter Christie Smythe was trending on Twitter on Sunday following a narrative regarding her decision to separate from her husband and quit work for convicted Pharma Bro Martin Shkreli.
In Elle s The Journalist and the Pharma Bro, Smythe narrated how she fell down the rabbit hole while covering Shkreli s trial in 2017 following his indictment for defrauding investors. The Journalist and the Pharma Bro
Smythe was recently dumped by Shkreli and is now open to returning to dating.
According to Smythe, she is moving on following the Pharma Bro s dumping her through his lawyers in a comment to Elle magazine, in which she confessed her love for the prisoner in a story published on Sunday.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day 54 years ago, Warren Buffett took control of Berkshire Hathaway, Inc. (NYSE: BRK-A)(NYSE: BRK-B).
Where The Market Was
The Dow finished the day at 931.47. The S&P. Read More.