General Dynamics, other shipbuilders defeat lawsuit over engineer pay [Reuters]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Reuters
, opens new tab , Huntington Ingalls (HII.N) New Tab , opens new tab and others of conspiring for years to suppress compensation for naval architects and marine engineers. Senior U.S. District Judge Anthony Trenga in Alexandria, Virginia, ruled New Tab , opens new tab on Friday that the lawsuit was filed too late to comply with a four-year statute of limitations for antitrust claims. Report this ad The plaintiffs, a pair of naval architects, had alleged that eight shipbuilders and nearly a dozen engineering consultancies violated antitrust law by agreeing not to compete with each other in the hiring of key employees. Huntington Ingalls had no immediate comment on Monday, and General Dynamics did not immediately respond to a similar request. They and others had denied any “no poach” recruitment conspiracy. Attorneys for the plaintiffs also did not immediately respond to a request for comment. The plaintiffs could decide to appeal to the Richmond-based 4th U.S. Circuit
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Earnings
- 4/24/24 - Miss
GD
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 144
- GD's page on the SEC website