Appeals Court Rules in Favor of Labor Department and Home Care Workers

Calling it a “tremendous victory,” Sarah Leberstein, senior staff attorney for the National Employment Law Group said, “Paying workers less than the minimum wage for their work hours, and not paying an overtime premium after 40 hours a week benefits no one.” According to the advocacy group Caring Across Generations, domestic care is one of the U.S.’s lowest paying industry, with an average hourly wage of $9.61.



NLRB Claims Lack of Jurisdiction, Dismisses Northwestern Football Players’ Petition to Unionize

In the dismissal, the NLRB wrote, “the Board held that asserting jurisdiction would not promote labor stability due to the nature and structure of NCAA Division I Football Bowl Subdivision (FBS).” The NLRB wrote that the dismissal is specific to this particular petition saying, “This decision is narrowly focused to apply only to the players in this case and does not preclude reconsideration of this issue in the future.”


Two Citigroup Subsidiaries reach $180 Million Hedge Fund Fraud Settlements

As part of to the settlements, Citigroup does not admit, nor deny the SEC charges. The proceeds of the agreement will be diverted to investors who were harmed by the funds. Both investments were sold through Citigroup Private Bank as well as through Smith Barney. Citigroup spokesperson Danielle Romero-Apsilos said in an emailed statement, “We are pleased to have resolved this matter,” although offering little elaboration.


Connecticut High-Court Rules against Death Penalty

The Connecticut legislature voted in 2012 to abolish the death penalty, however, that measure only affected future crimes committed in the state. Calling it unconstitutional, Associate Justice Richard Palmer wrote the majority opinion, stating that the death penalty “no longer comports with contemporary standards of decency and no longer serves any legitimate penological purpose.”


New York’s “Responsible Banking” Law Ruled Unconstitutional

In U.S. District Court in Manhattan on Monday, Judge Katherine Polk Failla issued New York’s mayor Bill De Blasio a notable defeat of a law intended to regulate the community-mindedness of the many financial institutions that inhabit the city. New York’s city council passed the Responsible Banking Act (RBA) in 2012, requiring banks in the


Florida Governor Settles Public-Records Transparency Lawsuit…Again

Recently re-elected Republican Florida Governor Rick Scott agreed to terms with Tallahassee attorney Steven Andrews regarding a dispute over public records disclosure involving a property close to the governor’s mansion. Andrews sued Scott in 2012 after the governor stated his intent to use state funds to buy a building near a property known as “The



Goldman Sachs Tentatively Agrees to $270 Million Settlement as Mortgage Security Litigation Winds Down

Another domino has reportedly fallen in the aftermath of the mortgage-backed securities (MBS) meltdown that was mostly responsible for the worst economic downturn since the Great Depression. Multiple media outlets are reporting that Goldman Sachs will settle a class-action lawsuit led by the NECA-IBEW’s Health and Welfare Pension Fund of Illinois, among other investors, to


U.S. Prosecutors Ask Supreme Court to Review Newman Insider Trading Ruling

New York-based U.S. Attorney Preet Bharara may be the greatest prosecutor who ever lived. From the Bernie Madoff scandal to Toyota, to a large portion of the New York state legislature; he has left a historic level of convictions and penalty awards. This includes a remarkable streak of 85 consecutive insider trading convictions before losing