When corporations silence employees via arbitration, shareholders lose [Reuters]
Murphy Oil Corporation (MUR)
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Source: Reuters
When corporations silence employees via arbitration, shareholders lose | Reuters 7 Min Read (Reuters) - Sometime in the next few months, the U.S. Supreme Court will decide whether corporations can force employees not just to give up their right to sue in class actions but even to surrender their power to arbitrate alongside other employees raising similar allegations. In a trio of cases argued back in October, Epic Systems v. Lewis, Ernst & Young v. Morris, and National Labor Relations Board v. Murphy Oil, the justices are weighing the legality of employment contracts that require workers to arbitrate their disputes individually. Given the Supreme Court’s recent history of unwavering deference to arbitration, as well as its conservative majority, it’s likely the justices will uphold the validity of these contracts. Tens of millions of American workers have already signed contracts agreeing to arbitrate their claims on their own. If the Supreme Court endorses employers’ right to impose
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MUR
News
- Murphy Oil Co. (NYSE: MUR) had its price target raised by analysts at KeyCorp from $50.00 to $54.00. They now have an "overweight" rating on the stock.MarketBeat
- Murphy Oil Co. (NYSE: MUR) had its price target raised by analysts at Piper Sandler from $49.00 to $55.00. They now have an "overweight" rating on the stock.MarketBeat
- Murphy Oil Co. (NYSE: MUR) had its price target raised by analysts at Mizuho from $53.00 to $55.00. They now have a "buy" rating on the stock.MarketBeat
- Murphy Oil Co. (NYSE: MUR) was downgraded by analysts at Scotiabank from a "sector outperform" rating to a "sector perform" rating.MarketBeat
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
MUR
Earnings
- 1/25/24 - Miss
MUR
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 3/21/24 - Form ARS
- MUR's page on the SEC website