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Monday, July 22, 2013

CEO Held Liable for FLSA Violations

In a case that is every CEO's nightmare, Irizarry v. Catsimatidis , the U.S. Court of Appeals for the Second Circuit affirmed a district court decision holding that the owner, president, and CEO of a grocery store chain was an "employer" for purposes of the Fair Labor Standards Act and, therefore, could be held personally liable for the company's ... (more)



http://www.shrm.org/hrdisciplines/compensation/Articles/Pages/CEO-Liability-FLSA.aspx?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+shrm%2Fnews%2Fcomp+%28SHRM+Online+Compensation+%26+Benefits+News%29

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