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First nail in walmarts coffin! 62 mil for workers!

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  • First nail in walmarts coffin! 62 mil for workers!

    Well it is not really the end of walmart, but it may help bring future suits against them.....

    The latest news and headlines from Yahoo News. Get breaking news stories and in-depth coverage with videos and photos.



    PHILADELPHIA - Wal-Mart workers in Pennsylvania who previously won a $78.5 million class-action award for working off the clock will share an additional $62.3 million in damages, a judge ruled Wednesday.

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    About 125,000 people will receive $500 each in damages under a state law invoked when a company, without cause, withholds pay for more than 30 days.

    A Philadelphia jury last year awarded the workers the exact amount they had sought, rejecting Wal-Mart's claim that some people chose to work through breaks or that a few minutes of extra work here and there was insignificant.

    "Just as highly paid executives' promised equity interests or put options or percentage of sale proceeds are protected fringe benefits and wage supplements, so too the monetary equivalents of 'paid break' time cashiers and other employees were prohibited from taking are protected fringe benefits and wage supplements," Philadelphia Common Pleas Judge Mark Bernstein wrote.

    Similar suits charging that Wal-Mart violated state wage laws are in play across the country.

    A California trial ended with a $172 million verdict that Wal-Mart is appealing while the Bentonville, Ark.-based company settled a Colorado suit for $50 million.

    A trial opened last week in Minnesota while suits are pending in New Jersey and several other states.

    The Pennsylvania class-action suit involves 187,000 current and former employees who worked at Wal-Mart and Sam's Clubs from March 1998 through May 2006. The initial $78.5 million award represented the wages lost by those workers.

    A smaller number — about 125,000 — qualified for the damage award Wednesday. The others were excluded by legal time limits and are seeking interest on the back wages.

    "The law in its majesty applies equally to highly paid executives and minimum wage clerks," Bernstein wrote.

    Plaintiffs' lawyer Michael Donovan credited Bernstein for recognizing in Wednesday's ruling "that ordinary workers are entitled to the same protection under the law as executives."

    His clients have not yet received any money and likely won't for some time if the company appeals. The payments for lost wages are expected to range from about $50 to a few thousand dollars, depending on employment history.

    A Wal-Mart spokeswoman said the company discourages employees from working off the clock and disciplines managers who permit it.

    "Many employees testified that they skipped rest breaks by choice. While we discourage that practice, employers should not be penalized when employees do that on their own," said the spokeswoman, Sharon Weber.

    Wal-Mart shares rose 56 cents to $45.43 Wednesday in midday trading.

  • #2
    Try this post again then shall I?

    walmart is a rabid dog. They are just to cheap to cold turkey.
    Long time member @ Apolyton
    Civilization player since the dawn of time

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    • #3
      Pocket change.
      Unbelievable!

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      • #4
        Only like 1k more nails to go and they'd be in some real trouble!

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        • #5
          Originally posted by Darius871
          Pocket change.
          The wife likes to shop there at the change of the seasonal clothes when the stuff is 75% off the already low prices. She'll get a blouse or shirt for a buck or pants for $2. We shipped 10 boxes through a cheap Philippine freight carrier and she gave the stuff away to people who really need it. Well 6 boxes actually, we have 4 more coming in October.

          The nice thing is that it's the small sizes that are left over, that Walmart can't sell, exactly what fits the people here.
          Long time member @ Apolyton
          Civilization player since the dawn of time

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          • #6
            I doubt that 140M is gonna do anything to wal-mart though.

            They have sales over 260 billion $ each year.

            So 140M is small change.

            Spec.
            -Never argue with an idiot; He will bring you down to his level and beat you with experience.

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            • #7
              To vanquish Wal-mart, we must destroy its heart.

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              • #8
                And that would be? 140M?



                Whats the plan boss?

                Spec.
                -Never argue with an idiot; He will bring you down to his level and beat you with experience.

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                • #9
                  This is good for Walmart competitors. Oh wait, nvm.
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

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                  • #10
                    Originally posted by Spec
                    And that would be?
                    Beyond the plasma screen television.
                    Click here if you're having trouble sleeping.
                    "We confess our little faults to persuade people that we have no large ones." - François de La Rochefoucauld

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                    • #11
                      Re: First nail in walmarts coffin! 62 mil for workers!

                      No one can seriously think 62 million is going to kill walmart. As I said......

                      Originally posted by Vesayen
                      Well it is not really the end of walmart, but it may help bring future suits against them.....
                      It may help for future lawsuits.

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                      • #12
                        Re: Re: First nail in walmarts coffin! 62 mil for workers!

                        Originally posted by Vesayen
                        No one can seriously think 62 million is going to kill walmart. As I said......
                        Well they have over $7 billion in cash and cash equivalents so you are correct. It will not kill them.
                        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                        - Justice Brett Kavanaugh

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                        • #13
                          "The law in its majesty applies equally to highly paid executives and minimum wage clerks," Bernstein wrote.


                          Oh, so executives should get overtime compensation?

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                          • #14
                            Originally posted by Kuciwalker
                            "The law in its majesty applies equally to highly paid executives and minimum wage clerks," Bernstein wrote.


                            Oh, so executives should get overtime compensation?
                            They do. It just starts immediately. They don't have to work over 40 hours a week to get it.
                            I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                            - Justice Brett Kavanaugh

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                            • #15
                              Well, separate suits in 50 states at ~$100M apiece almost exhausts that $7B cash reserve. Walmart execs and directors must be sweating over a possible decrease in their dividends.
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