Compensation - Shore News Network

Chick-fil-A App Customers Eligible for Compensation in New Jersey and New York Lawsuit Settlement

Kristen Harrison-OnealFebruary 3, 20240

TRENTON, NJ – In a recent legal development, Chick-fil-A, Inc. has reached a settlement in a class action lawsuit alleging false or misleading representations about delivery fees and menu prices on orders made through the Chick-fil-A One App or website. This settlement pertains to orders placed between November 1, 2019, and April 30, 2021, from locations in specific states. The lawsuit claimed that Chick-fil-A misrepresented delivery charges and the prices of items when ordered for delivery. Chick-fil-A has denied these allegations, maintaining that no wrongful conduct occurred. The Court has yet to make a final decision regarding the merits of

Top EU court dismisses Dyson’s appeal for $193 million compensation

ReutersJanuary 11, 20240

By Charlotte Van Campenhout BRUSSELS (Reuters) – The EU’s highest court dismissed an appeal made by Britain’s bagless vacuum cleaner maker Dyson on Thursday for 176 million euros ($193.39 million) compensation from the European Commission for alleged losses due to EU energy labelling rules. Dyson had challenged rules introduced by the EU executive in 2014, saying labelling requirements on vacuum cleaners discriminated against its technology, misled customers about the efficiency of some vacuum cleaners, and unfairly benefited its German rivals. “The Court of Justice rejects all the arguments put forward by Dyson and thus upholds the judgment of the General

Factbox-Scandal-hit companies which went after executive compensation

ReutersDecember 13, 20230

(Reuters) – BP on Monday cut over $40 million in compensation from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over personal relationships with colleagues. Looney resigned in September after less than four years in the top job for failing to fully disclose details of past personal relationships with colleagues. The following is a list of companies whose executives had to forego their bonuses or pay them back after being hit by scandals. NatWest Group Plc The British bank said in November that former CEO Alison Rose would forego 7.6 million euros

Russia may seek compensation over Nord Stream blasts – RIA

ReutersNovember 21, 20230

(Reuters) – Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news agency cited a foreign ministry official as saying on Tuesday. The pipelines under the Baltic Sea were damaged in explosions last year, and investigations have yet to establish who was responsible. In reply to a question about compensation, RIA quoted Dmitry Birichevsky, the head of the ministry’s economic cooperation department, as saying: “The probe is not over yet, we are waiting for its results to be presented to the (United

MTU CFO: will talk to Pratt & Whitney about compensation for 700 million euro cash flow hit

ReutersSeptember 13, 20230

BERLIN (Reuters) – MTU Aero Engines will talk to U.S. partner Pratt & Whitney about compensation for an estimated 700 million euro hit to its cash flow caused by problems with its partner’s geared turbofan engines, the German aircraft engine maker’s chief financial officer said on Wednesday. The problems would not markedly affect the current year but will result in a hit to cash flow of about 700 million euros ($751.45 million), which will be felt mainly in 2024 and 2025, with some spillover in 2026, according to CFO Peter Kameritsch. Kameritsch added that MTU, which issued a profit warning

Sacked CEO of Portugal’s airline TAP sues for $6.3 million in compensation

ReutersSeptember 7, 20230

By Sergio Goncalves LISBON (Reuters) – The former chief executive of Portuguese airline TAP, Christine Ourmieres-Widener, has filed a lawsuit in a Lisbon court to claim over 5.9 million euros ($6.3 million) in compensation for being sacked last March amid a high-profile scandal. The justice ministry’s portal Citius shows that the lawsuit was entered with the Central Civil Court of Lisbon on Sept. 5. Finance Minister Fernando Medina and Infrastructure Minister Joao Galamba, who oversee the state-owned company, announced the sacking of the French CEO with just cause on March 6 in the wake of a scandal involving an irregular

Fortum fights to sell seized Russian assets and get compensation

ReutersAugust 9, 20230

By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum still hopes to sell its Russian assets and get compensation for their seizure by the Kremlin via arbitration, its chief executive told Reuters. Fortum is one of a handful of companies with assets placed under “temporary control” by Moscow in response to the European Union’s sanctions since the start of Russia’s war in Ukraine, which prompted over a thousand Western firms to exit Russia. In the second quarter, Fortum wrote off the entire value – 1.7 billion euros ($1.9 billion) – of its seven thermal power plants and a joint-venture portfolio

Brazil unveils compensation funds in proposed tax reform

ReutersJune 22, 20230

BRASILIA (Reuters) -Brazil’s proposed tax reform will include compensation funds to benefit states that lose money under the changes, the bill’s coordinator, Congressman Aguinaldo Ribeiro, said on Thursday, as the proposed constitutional amendment was unveiled. The restructuring of Brazil’s notoriously complex consumption taxes, which has been attempted previously by various governments multiple times without success, is a key step in President Luiz Inacio Lula da Silva’s plan to boost growth. The proposal, which must still be debated by Congress, plans to over eight years merge various levies into a value-added tax (VAT) with separate federal and regional rates. The proposal,

Farmers say Zimbabwe government compensation deal comes up short

ReutersApril 26, 20230

By Nyasha Chingono and Wendell Roelf HARARE (Reuters) – Ben Gilpin is one of hundreds of commercial farmers who has been offered government compensation for being evicted from their land and farms two decades ago, and found the plan has come up short. Expelled from his 1,000-hectare farm during a land reform campaign led by former president Robert Mugabe, Gilpin, who lives in the capital Harare, is one of many mostly white farmers seeking redress from the government after years of court action and delays. Still, some farmers say they will reject the government’s $3.5 billion compensation package for being

‘Bodies Are Cheap’: Green Beret Renews Fight For Compensation After Army Failed To Detect His Cancer

The Daily CallerApril 24, 20230

‘Bodies Are Cheap’: Green Beret Renews Fight For Compensation After Army Failed To Detect His Cancer Micaela Burrow on April 23, 2023 The Army denied Green Beret Richard Stayskal’s damages claim on the ground there was no evidence his cancer would be worse now if military doctors had not overlooked clear signs of a tumor in January 2017. The 2019 PFC Richard Stayskal Act was the first to allow servicemembers the chance to file complaints against the Department of Defense for injuries or deaths resulting from improper medical care. “The incentive to cover up mistakes is too great,” Dwight Stirling,

Canada unveils revised C$23 billion compensation deal for Indigenous children

ReutersApril 5, 20230

OTTAWA (Reuters) – Canada’s federal government and a group of Indigenous people have reached a revised C$23.34 billion ($17.35 billion) agreement to compensate First Nations children and families for the decades of harm caused by a discriminatory welfare system. The terms of the deal, announced by the Canadian government in a statement on Wednesday, were revised to broaden compensation eligibility and increase the amount from the initial C$20 billion agreed last year. The agreement, which affects about 300,000 First Nations children, youth and families, aims to settle a complaint brought to a human rights tribunal more than 15 years ago

Morgan Stanley lowers CEO Gorman’s 2022 compensation to $31.5 million

ReutersJanuary 20, 20230

(Reuters) – Morgan Stanley Chief Executive Officer James Gorman’s total compensation for 2022 slipped 10% to $31.5 million, the bank said on Friday. Gorman’s total compensation will include an annual base salary of $1.5 million, a cash bonus of $7.5 million, a deferred equity award of $4.5 million and a performance-based equity award of $18 million, according to a regulatory filing. Morgan Stanley directors based the pay decision on “a challenging economic and market environment” with the performance of the firm “not as strong as the prior year”. The company had reported net income of $11 billion for 2022, lower

Chinese dealers seek compensation over Stellantis Jeep failure

ReutersDecember 14, 20220

SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after the automaker stopped producing the brand in China, according to a letter signed by the dealers seen by Reuters. Stellantis is overhauling its strategy in China after agreeing to file for bankruptcy of its Jeep joint venture with local partner Guangzhou Automobile Group (GAC) in October. Stellantis has since said it would pursue an import-based business model in China. Its “unilateral” decision to terminate the partnerships with the dealers has caused their businesses to make losses and led to layoffs,

California Executive Compensation Consultant Sentenced To Prison For Committing Insider Trading

DOJ PressDecember 6, 20220

Damian Williams, the United States Attorney for the Southern District of New York, announced that FRANK GLASSNER, a principal of an executive compensation consulting firm based in Novato, California (the “Consulting Firm”), was sentenced to one year and one day in prison by U.S. District Judge Lewis J. Liman. Glassner pled guilty on August 19, 2022, to one count of securities fraud in connection with his scheme to commit insider trading based on material, nonpublic information regarding the upcoming public announcement that Kadmon Holdings, Inc. (“Kadmon”) – which GLASSNER and the Consulting Firm were advising – would be acquired by

Shell’s outgoing CEO to get full-year salary as compensation for loss of office

ReutersOctober 28, 20220

(Reuters) – Shell’s outgoing Chief Executive Ben van Beurden will get one-year base salary of 1.42 million pounds ($1.64 million) as compensation after leaving the position at the end of the year, the oil giant said on Friday. The payment will be done in six equal monthly instalments between July 1 and Dec. 31, 2023. The company said the outstanding payment for loss of office will be halved if van Beurden gets a paid position, excluding non-executive directorships, during the payment period. Shell also said the Dutchman will continue to receive his base salary until June 30, 2023. The company

Chipotle Announces 2022 Environmental, Social and Governance Goals Tied to Executive Compensation

Jessica WoodsOctober 22, 20220

Brand achieves its 2021 goals and continues driving progress towards greater emission-reduction and DEI Newport Beach, CA (-) Chipotle Mexican Grill (NYSE: CMG) today announced its 2022 Environmental, Social and Governance (ESG) goals tied to executive compensation. The objectives, which are categorized by Food & Animals, People, and the Environment, can positively or negatively impact the officers’ 2022 annual incentive bonus by up to 15% based on the company’s achievement of these goals. “Chipotle’s ESG goals are designed to motivate our executive leadership team to make responsible business decisions that Cultivate A Better World,” said Laurie Schalow, Chief Corporate Affairs

State Dept approves first requests for Havana Syndrome compensation – spokesperson

ReutersOctober 6, 20220

WASHINGTON (Reuters) – The U.S. State Department has approved the first tranche of requests for payments for staff affected by mysterious ailments known as Havana Syndrome, deputy spokesperson Vedant Patel said on Thursday. The Havana Act, which gives the department and other agencies the authority to compensate employees who have incurred brain injuries, was passed after U.S. diplomats and other officials complained of unexplained ailments during postings. “We are reviewing other requests and will continue to do so as they are received,” Patel said at a regular press briefing. (Reporting by Daphne Psaledakis and Simon Lewis; Editing by Chizu Nomiyama)

Sherri Papini Sentenced to 18 Months in Prison for Lying to Federal Agents About Being Kidnapped and Defrauding the California Victim Compensation Board

DOJ PressSeptember 19, 20220

SACRAMENTO, Calif. — Sherri Papini, 39, of Redding, was sentenced today to 18 months in prison to be followed by 36 months of supervised release for making materially false statements to FBI agents about the circumstances of her own hoax kidnapping and committing mail fraud based on her being a kidnapping victim, U.S. Attorney Phillip A. Talbert announced today. Papini was ordered to pay $309,902 in restitution for losses incurred by the California Victim Compensation Board, the Social Security Administration, the Shasta County Sheriff’s Office, and the Federal Bureau of Investigation. On April 12, 2022, Papini was charged in a

Israeli families of 1972 Munich Olympics victims demand more compensation

ReutersAugust 12, 20220

By Ayhan Uyanik MUNICH – The families of Israeli athletes murdered at the 1972 Munich Olympics are unhappy with fresh German compensation offers and plan to boycott a ceremony marking the 50th anniversary of the attack in protest, their spokesperson told Reuters on Friday. An official ceremony is planned for Sept. 5 in Munich. “I don’t want some euros to be thrown in my direction. We are not going to accept that,” Ankie Spitzer, spokesperson for the families, told Reuters Television. The sums under discussion have not been disclosed. “We are not going to the memorial ceremony until Germany takes

Climate change compensation fight brews ahead of COP27 summit

ReutersAugust 8, 20220

By Kate Abnett BRUSSELS – Tensions are mounting ahead of this year’s U.N. climate summit, as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflicted on the world’s poorest people by climate change. When diplomats from nearly 200 countries meet on Nov. 7 in the beachside resort town of Sharm El Sheikh, Egypt, negotiations will tackle how to cut the CO2 emissions causing climate change and cope with existing climate impacts, including deadly heatwaves, wildfires, rising seas and drought. But another issue is likely to dominate the talks: “loss and damage,” or climate-related destruction to

South Korean Daewoo shipyard workers will end strike if damage compensation lawsuits are dropped – union official

ReutersJuly 20, 20220

SEOUL – Contract shipyard workers at Daewoo Shipbuilding & Marine Engineering (DSME) are willing to end their strike and accept a wage increase offered by the company if lawsuits seeking compensation for damages are dropped, a union official representing the strikers told Reuters on Thursday. (Reporting by Byungwook Kim; Editing by Shri Navaratnam)

Arkansas Mesothelioma Victims Center Has Just Endorsed the Legal Team at Danziger & De Llano to Ensure a Navy Veteran or Person with Mesothelioma in Arkansas Receives the Best Compensation Results That Might Be Millions of Dollars

Your NewsJuly 14, 20220

LITTLE ROCK, Ark., July 14, 2022 — The Arkansas Mesothelioma Victims Center says, “We have just endorsed, and we strongly recommend the remarkable legal team at the law firm of Danziger & De Llano to ensure a Navy Veteran or person with mesothelioma in Arkansas or their family receive the best possible compensation results. Danziger & De Llano is a national mesothelioma law firm and they have been assisting people with this rare cancer in Arkansas and nationwide for over two decades as they are always happy to discuss at 800-864-4000. Arkansas Mesothelioma “The biggest mistake a Navy Veteran or person with mesothelioma in Arkansas or

Mesothelioma Victims Center Has Just Endorsed the Legal Team at Danziger & De Llano to Ensure a Top Compensation Result for A Former or Current Auto-Truck Plant Worker with Mesothelioma Anywhere in the USA — It Might Be Millions

Your NewsJuly 13, 20220

WASHINGTON, July 13, 2022 — The Mesothelioma Victims Center is one of the oldest mesothelioma advocacy groups in the USA and for nearly two decades they have made auto-truck plant workers with mesothelioma a top priority when it comes to financial compensation. Financial compensation for a person like this or a worker at an auto-truck brake factory, a tire maker, a worker at an auto-truck clutch maker might be in the millions of dollars. Auto-Truck Factory Worker Mesothelioma To get the financial compensation job done for a person like this the Mesothelioma Victims Center has recently endorsed, and they recommend

Colorado Mesothelioma Victims Center Urges a Person with Recently Diagnosed Mesothelioma Anywhere in Colorado to Not Roll the Dice on Compensation and to Call the Remarkable Legal Team at Danziger & De Llano for 25 Years of Proven Results

Your NewsJuly 12, 20220

DENVER, July 12, 2022 — According to the Colorado Mesothelioma Victims Center, “If your husband or dad has just been diagnosed with mesothelioma in Denver, Colorado Springs, Fort Collins, Thornton, Aurora, or anywhere in Colorado please make his financial compensation a top priority and call the remarkable legal team at Danziger & De Llano at 800-864-4000. The law firm of Danziger & De Llano has been assisting people with mesothelioma in Colorado and nationwide for over two decades and they consistently get the best possible compensation results. Colorado Mesothelioma “If we had a three vital compensation tips for a person with mesothelioma in Colorado or anywhere in

Mesothelioma Compensation Center Urges a Former Oil Field-Offshore Rig Worker with Mesothelioma Anywhere in the USA To Call the Legal Team at Danziger & De Llano to Ensure the Nest Compensation-It Might Be Millions

Your NewsJuly 12, 20220

WASHINGTON, July 12, 2022 — According to the Mesothelioma Compensation Center, “If your husband, dad, or grandpa is a current or former oil field-offshore oil rig worker who has just been diagnosed with mesothelioma in Texas, California, Louisiana, Alaska, Pennsylvania, Indiana, Oklahoma, Colorado or any other state in the USA please make financial compensation a top priority and call the remarkable legal team at the law firm of Danziger & De Llano at 800-864-4000. We have just endorsed the law firm of Danziger & De Llano because they have been producing superior compensation results for their clients nationwide for over two decades-including oil rig-offshore oil rig