TCW Group Inc. was sued by former group managing director Jess Ravich, who claims the asset manager made up grounds to fire him following a sexual harassment accusation in order to deny him tens of millions of dollars. The lawsuit …
UnitedHealth Group Inc. systematically cut what it paid for emergency room visits and mental health care to doctors outside of its network, sparking internal tension over how those changes were handled and the potential effect on members, newly unsealed court …
Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the U.S. Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn when consumer demand picked up after the pandemic. The agency …
Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …
Economists nudged up quarterly U.S. economic growth projections through early next year on more sanguine views of consumer demand and maintained views that limited inflation will keep the Federal Reserve on a path toward lower borrowing costs. The slight upward …
A former Avenue Capital Group employee accused by Marc Lasry in a recent court filing of trying to extort him for $50 million has hit back with a lawsuit of her own. Gina Strum, who worked in business development at …
HSBC on Thursday appealed a tribunal’s decision to reinstate a female, senior investment banker’s lawsuit that alleges the bank victimized and discriminated against her when it did not hire her for a senior sales position in 2018. Carmen Chevalier-Firescu, 41, …
Citigroup Inc. settled an employment suit with an ex-trader after judges ruled he was unfairly dismissed by the bank over claims he was scapegoated for the lender’s decade-long regulatory failures in executing stock trades for clients in Asia. Ian Weir, …
Globe Life may face a lawsuit from the Equal Employment Opportunity Commission (EEOC) over alleged discrimination against six of its sales agents, the insurer disclosed in a regulatory filing on Friday. The EEOC, a federal body responsible for enforcing laws …
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the …