US Supreme Court throws out ruling on arbitration of job disputes [Reuters]
Flowers Foods, Inc. (FLO)
Last flowers foods, inc. earnings: 2/5 04:50 pm
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Source: Reuters
April 12 (Reuters) - The U.S. Supreme Court on Friday gave a boost to a delivery truck driver's bid to expand the universe of employees in interstate commerce who are exempted from mandatory arbitration of legal disputes beyond workers at transportation companies. The justices, in a 9-0 ruling, threw out a lower court's dismissal of proposed class action litigation by Neal Bissonette, a delivery driver for LePage Bakeries Park Street, a unit of Wonder Bread maker Flowers Foods (FLO.N) New Tab , opens new tab . Bissonette has said Flowers Foods deprives drivers of wages by treating them as independent contractors rather than employees. Many companies require workers to sign arbitration agreements and claim individual arbitration is quicker and more efficient than resolving disputes in court. Critics of the practice have said it prevents companies from being held accountable for legal violations that affect large numbers of workers. The Federal Arbitration Act (FAA), dating to
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News
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- NATURE'S OWN DEBUTS FOUR NEW PRODUCTS TO INSPIRE CULINARY CREATIVITYPR Newswire
- US Supreme Court turns away trio of cases on worker arbitration exemption [Reuters]Reuters
- Flowers Foods, Inc.'s (NYSE:FLO) Intrinsic Value Is Potentially 48% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Deutsche Bank Food-and-Beverage Dealmaker Brook to Join RBC [BNN Bloomberg (Canada)]BNN Bloomberg
FLO
Earnings
- 2/8/24 - In-Line
FLO
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEFA14A
- FLO's page on the SEC website