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February 06, 2012
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Wills & Trusts News

 

Judge Approves $5 Million Settlement Of Job Bias Lawsuits Against Woodward Governor

A federal judge has given final approval to a $5 million settlement resolving two consolidated class action employment discrimination lawsuits against a global engine systems and parts company, the U.S. Equal Employment Opportunity Commission (EEOC) announced today.

The litigation began on May 8, 2003, when a group of employees filed a class action lawsuit (Bell, et al v. Woodward Governor Company, N.D. Ill. No. 03 50190) against Colorado-based Woodward Governor, asserting that it engaged in illegal discrimination against African-Americans, Hispanics and Asians at its Rockford and Rockton, Ill., facilities with respect to pay, promotions and training, in violation of Title VII of the Civil Rights Act of 1964 and 42 U.S.C. § 1981. On October 4, 2006, the EEOC sued Woodward (EEOC v. Woodward Governor Company, N.D. Ill. No. 06 C 50178) affirming the same charges and adding a charge of discrimination against women, which also violates the Equal Pay Act (EPA). The two suits were consolidated by the court for litigation.

The consent decree settling the suits, approved by Judge Philip G. Reinhard of U.S. District Court for the Northern District of Illinois, Western Division, established a $2.4 million settlement fund to be shared by minority employees who worked at Woodward Governor’s Rockford or Rockton plants at any time since May 1999, and a $2.6 million settlement fund to be shared by female employees who worked at Woodward Governor’s Rockford or Rockton plants at any time since June 2002. Read more at eeoc.gov.

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  News Room  
 
Justice Department Settles Employment Discrimination Lawsuit
The Justice Department today announced that it has reached a settlement with the City of Ville Platte, La., to resolve allegations that the city en...
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Labor Department Recognizes 5th Anniversary of the Energy Workers Compensation Program
WASHINGTON — The U.S. Department of Labor (DOL) this month marks the fifth anniversary of administering the Energy Employees Occupational Illness P...
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OSHA Identifies 14,000 Workplaces With High Injury And Illness Rates
WASHINGTON -- Approximately 14,000 employers have been notified that injury and illness rates at their worksites are higher than average and that a...
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Common Terms

 


Today's Terms

Over-the-counter

Definition:
Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.

Unions

Definition:
Unions are organizations of workers to improve their working conditions and protect their common interest.

Bear market

Definition:
A market in which, in a time of falling prices, shareholders may rush to sell their stock shares, adding to the downward momentum.

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
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  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
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