Last May, the Attorney General in New York State filed suit against Domino’s franchisees for underpaying their workers, and the state also included Domino’s corporate in the suit. This was controversial, since the corporate office insisted that paying restaurant employees was franchisees’ business. Now the case has been settled for $480,000, to be paid by three franchisees who own the ten restaurants that were part of the suit. [More]
New York Attorney General Andrew Cuomo’s office is gathering information in order to file fraud charges against some BoA executives over what they knew, and what they hid, when they acquired Merrill Lynch & Co. a year ago. Earlier this week, his office subpoenaed 5 board members to find out “what they knew regarding the mounting losses and bonus payments at Merrill before the deal closed on Jan. 1 and what role they played in deciding whether to disclose that information to shareholders,” according to the Associated Press.