The Sarbanes-Oxley Act imposed higher standards of conduct on publicly-traded companies, to avoid massive stock fraud and other ills in complex companies whose shares traded on public exchanges. The Act also created a degree of protection for whistleblowing employees who had a reasonable belief that their company was violating the law. The problem in implementing...
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Unemployment Benefits Extended Again
President Obama signed into law the restoration of unemployment benefits last week. For workers whose benefits had expired seven weeks ago, that was good news. They are now entitled to a maximum of 99 weeks of benefits. To employers, the news most likely means another future hike in the unemployment tax applied to the payroll....
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Demographic Disparity in Unemployment
A new study released by the census followed a group of people over several years (2004 through 2007) to compare their “spells” of unemployment. A spell of unemployment is defined as a period of a month or more that the person was unemployed, for whatever reason.
The study found that younger workers had more frequent but...
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Update to Novartis Gender Bias Suit
As reported here earlier, a massive gender bias lawsuit resulted in a large award for a class of female sales representatives. A jury in New York awarded compensatory and punitive damages to the class. The parties agreed to a settlement so that Novartis will not appeal the case. The presiding judge must approve the settlement...
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