Gerald L. Maatman, Jr., partner in Seyfarth Shaw's Chicago office, will be presenting The Latest New Threats to Canadian Business: Overtime Pay Claims at the upcoming conference "Class Action Forum: Pre-Emptive Business and Legal Strategies."
In June of this year, a Canadian Imperial Bank of Commerce teller launched a $600 million class action lawsuit against her employer, alleging thousands of hours of overtime went unpaid to her and her colleagues. The CIBC suit, it appears, could be the tip of the iceberg and it should be of grave concern to most Canadian businesses. According to Statistics Canada, 23 per cent of the Canadian work force regularly toils more than eight hours a day, but only 10 per cent of the workforce is actually paid for it. While the CIBC case is the biggest lawsuit to hit a Canadian business alleging unpaid overtime, similar cases have wended through U.S. courts for several years now. In this session, hear one of the most experienced employment defence lawyers in the United States discuss the American situation with a prominent class action plaintiff counsel who recently won a $78 million case against Wal-Mart. Find out the startling implications that this new case will have for Canadian business—and learn how how they can be prevented.
Presentation Time: 9:15 a.m. - 10:15 a.m.
For more information or to register, please visit the Event's website.