Seyfarth Shaw's 2010 Workplace Class Action Litigation Report Featured in Chicago Daily Law Bulletin "Seyfarth, Shaw Report: FLSA, ERISA Driving Corporate Legal Spending" 01/18/2010
Seyfarth Shaw's 2010 Workplace Class Action Litigation Report was featured in the Chicago Daily Law Bulletin article, "Seyfarth, Shaw Report: FLSA, ERISA Driving Corporate Legal Spending,” published January 18, 2010. The article discussed Seyfarth's sixth annual Workplace Class Action Litigation Report, which analyzes class action and collective action court rulings of 2009 involving claims against employers in federal and state courts. According to the article, the Report found that the value of the top 10 private settlements in wage-and-hour cases in 2009 totaled $363.6 million, up 44 percent from 2008. Additionally, according to Gerald Maatman, Jr., the Report's General Editor and Co-Chair of the firm's Complex Discrimination Litigation Practice Group, new filings of wage-and-hour cases under the federal Fair Labor Standards Act, including new cases and suits transferred into federal court, shot up 19 percent with 6,165 new FLSA filings in 2009. The article reported that Stephen Poor, Chair and Managing Chair of Seyfarth Shaw, noted, "The last few years have seen an explosion in class action and collective action litigation involving workplace issues. The financial risks of such cases are enormous," and affect companies' market share and reputation.
