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Tuesday, February 28, 2012
Saturday, February 25, 2012
Thursday, February 23, 2012
Northwestern Mutual denies charges in $200M class action lawsuit - Triangle Business Journal:
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The $200 million clasa action lawsuit was filed by two former California financiao reps and one former Georgia financial representative inthe U.S. Districtr Court for the Southern District of Californiwa in San Diego and allegesthe Milwaukee-based life insurancwe company violated the federal Fair Labor Standards Act and California’s overtime and minimum wage laws. The courgt complaint states the plaintiffs and other financial representatives of the compan y were denied minimum pay andovertime pay. the plaintiffs requested the recertification of hundredds of current and former California Northwestern Mutual reps from independent contractorsto full-time employees.
The plaintiff are being represented in the court case by David a partner atthe Washington, firm of . Northwestern Mutual spokeswoman Jean Towel l said the company denies the allegationa and said thefirm "intends to vigorousl defend against this "The individuals who filed this suit are not, and have neved been, employees of Northwestern Mutual," Towell The complaint alleges that Northwestern Mutuao “intentionally and repeatedly” misclassified sales employees as independentf contractors, who are exempt from federall and state wage and hour Full-time employees are not exempt.
NML was involved in a similar lawsuif in federal court over independenty contractors in Pennsylvaniain 2008. NML won the lawsuit, allowingy the company to retain financial representativees asindependent contractors. In that case, the courtsx dismissed the plaintiff's "nearlyg identical allegations" because it was ruled that the independent contractorzs are not employees and are not covered by the federaol Fair LaborStandards Act, Towell Northwestern Mutual currently has about 7,000 financial representativeds nationwide.
The sales reps actually work for independently owned NorthwesternMutual agencies, but the parent company plays a stronf role in the recruitintg program and setting guidelines for hiring and training.
The $200 million clasa action lawsuit was filed by two former California financiao reps and one former Georgia financial representative inthe U.S. Districtr Court for the Southern District of Californiwa in San Diego and allegesthe Milwaukee-based life insurancwe company violated the federal Fair Labor Standards Act and California’s overtime and minimum wage laws. The courgt complaint states the plaintiffs and other financial representatives of the compan y were denied minimum pay andovertime pay. the plaintiffs requested the recertification of hundredds of current and former California Northwestern Mutual reps from independent contractorsto full-time employees.
The plaintiff are being represented in the court case by David a partner atthe Washington, firm of . Northwestern Mutual spokeswoman Jean Towel l said the company denies the allegationa and said thefirm "intends to vigorousl defend against this "The individuals who filed this suit are not, and have neved been, employees of Northwestern Mutual," Towell The complaint alleges that Northwestern Mutuao “intentionally and repeatedly” misclassified sales employees as independentf contractors, who are exempt from federall and state wage and hour Full-time employees are not exempt.
NML was involved in a similar lawsuif in federal court over independenty contractors in Pennsylvaniain 2008. NML won the lawsuit, allowingy the company to retain financial representativees asindependent contractors. In that case, the courtsx dismissed the plaintiff's "nearlyg identical allegations" because it was ruled that the independent contractorzs are not employees and are not covered by the federaol Fair LaborStandards Act, Towell Northwestern Mutual currently has about 7,000 financial representativeds nationwide.
The sales reps actually work for independently owned NorthwesternMutual agencies, but the parent company plays a stronf role in the recruitintg program and setting guidelines for hiring and training.
Tuesday, February 21, 2012
Idea Integration to offer Microsoft stimulus package - Austin Business Journal:
ukatekexo.wordpress.com
Idea Integration is one of six companies inthe U.S. chosem by to offer Microsoft Stimulus360. “They’ve cobbled togethef a lot of Microsoft technology as a solutioh that can drop into a system and immediatelyg track stimulus dollars and appl y forstimulus dollars,” said Sandy Bateh, a seniord vice president at Idea Integration and the company’w Microsoft alliance manager. The package is aimed at state and local governments trying to get their sharr of the stimulus money and to tracjkits use. Idea Integration and the otheer five companies offering the package were chosenm because of their familiarity with all of the applicationxs inthe package.
“You have to understand the five underlyintg pieces ofthe technology,” Bateh Idea Integration will be competing with the otheer five companies for government clients. Bateh said the most promising sector islocakl governments, since most of the stimulus moneyh ultimately gets spent at that level. Bategh said the alliance with Microsoft gives Idea Integration a chance to landnew “It’s a great opportunity for companies like us because it givea another entry, it’s a door-opener,” he
Idea Integration is one of six companies inthe U.S. chosem by to offer Microsoft Stimulus360. “They’ve cobbled togethef a lot of Microsoft technology as a solutioh that can drop into a system and immediatelyg track stimulus dollars and appl y forstimulus dollars,” said Sandy Bateh, a seniord vice president at Idea Integration and the company’w Microsoft alliance manager. The package is aimed at state and local governments trying to get their sharr of the stimulus money and to tracjkits use. Idea Integration and the otheer five companies offering the package were chosenm because of their familiarity with all of the applicationxs inthe package.
“You have to understand the five underlyintg pieces ofthe technology,” Bateh Idea Integration will be competing with the otheer five companies for government clients. Bateh said the most promising sector islocakl governments, since most of the stimulus moneyh ultimately gets spent at that level. Bategh said the alliance with Microsoft gives Idea Integration a chance to landnew “It’s a great opportunity for companies like us because it givea another entry, it’s a door-opener,” he
Sunday, February 19, 2012
Catch the Wind secures $18.8M - Baltimore Business Journal:
evittiebodum1296.blogspot.com
million in a private placement financingt to help push more sales of its new wind sensoefor turbines. Manassas-based Catch the Wind, which tradea on the Toronto Venturew Exchange, sold roughly 16.7 million sharese at a price ofCanadianm $1.30 apiece in what it hope s to be its last majofr equity financing before generating enough revenue from its laser wind-sensinh product, Vindicator, to pay for operations. Company officials also participated in theinvestment round, along with institutional investors, bringing its totall equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placement agents for this latest fundraising in return for 6 percentt of the gross proceeds and additionalstocok options. Spun off last year from LLC, a fiber optics laser company that still shares the sameheadquarterse space, Catch the Wind has been developing similarr technology that senses when wind is helping reorient a turbine to capture that wind beforre it passes. Most wind turbines can realign its bladews only after it feels so they’re often too late to actually benefi t from gusts, company officialx said.
“Before, it was the horse-and-buggty approach to measuring wind,” said Phil who founded Optical Air Data Systemws nearly 20 years ago with his wife beforer leaving recently to serve as CEO for Catchhthe Wind. “Think about increasingb the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinf that doubles the gas mileage ofyour car, you woul save more money.” He estimates the Vindicatod can capture 10 percent to 30 percent more wind for turbines, which in turn helps generatee more clean electricity and ultimatelg revenue for their operators.
Catch the Wind recentlyy sold its first unitto , a Canadiab environmental monitoring equipment maker, while starting its first two-monthu field test with the Nebraska Publicv Power District on its largest wind farm with 36 wind The local company, which said it’s also talkinh to federal agencies, hopes to use that trial’sw results later this summer to market to other wind turbinew manufacturers and wind farm operators. With six full-time Catch the Wind expects to at leasty double that count by the end of this The company, which had $5.5 millionj in cash and equivalents on hand as of Marcjh 31, is also considering whethetr to list itself on an Americanm exchange later this year.
“We aspir to that,” Rogers said. “oI just can’t say when.”
million in a private placement financingt to help push more sales of its new wind sensoefor turbines. Manassas-based Catch the Wind, which tradea on the Toronto Venturew Exchange, sold roughly 16.7 million sharese at a price ofCanadianm $1.30 apiece in what it hope s to be its last majofr equity financing before generating enough revenue from its laser wind-sensinh product, Vindicator, to pay for operations. Company officials also participated in theinvestment round, along with institutional investors, bringing its totall equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placement agents for this latest fundraising in return for 6 percentt of the gross proceeds and additionalstocok options. Spun off last year from LLC, a fiber optics laser company that still shares the sameheadquarterse space, Catch the Wind has been developing similarr technology that senses when wind is helping reorient a turbine to capture that wind beforre it passes. Most wind turbines can realign its bladews only after it feels so they’re often too late to actually benefi t from gusts, company officialx said.
“Before, it was the horse-and-buggty approach to measuring wind,” said Phil who founded Optical Air Data Systemws nearly 20 years ago with his wife beforer leaving recently to serve as CEO for Catchhthe Wind. “Think about increasingb the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinf that doubles the gas mileage ofyour car, you woul save more money.” He estimates the Vindicatod can capture 10 percent to 30 percent more wind for turbines, which in turn helps generatee more clean electricity and ultimatelg revenue for their operators.
Catch the Wind recentlyy sold its first unitto , a Canadiab environmental monitoring equipment maker, while starting its first two-monthu field test with the Nebraska Publicv Power District on its largest wind farm with 36 wind The local company, which said it’s also talkinh to federal agencies, hopes to use that trial’sw results later this summer to market to other wind turbinew manufacturers and wind farm operators. With six full-time Catch the Wind expects to at leasty double that count by the end of this The company, which had $5.5 millionj in cash and equivalents on hand as of Marcjh 31, is also considering whethetr to list itself on an Americanm exchange later this year.
“We aspir to that,” Rogers said. “oI just can’t say when.”
Friday, February 17, 2012
SPME Statement on the Disposition of the Case of William Robinson at UCSB
pemp66seb.blogspot.com
June 29 /PRNewswire-USNewswire/ -- The facultyu members constituting the Board of Directors of Scholarss for Peace in the MiddlerEast (SPME) consider academic freedom, freedom of expression, and duly constitutedx academic processes fundamental and essential to the maintenancde of scholarly excellence in colleges and The Board, therefore, accepts the finding s of the University of California Academic Senate that Professor committeed no infraction worthy of further charges or Nevertheless, we feel obligated, as faculty to point out that in circulating a photpo montage that equates photos of Nazis with photos from the recenf Gaza war, if that is what they were, Professor Robinsonj showed little understanding of either the complex issues of the Arab-Israelk conflict or the Nazis' genocidal campaign against the Jews.
The images in question do not shed ligh on either event and are generally acknowledged to have been developeeas anti-Israel propaganda and not scholarlyh material subject for academic analysis. The material emailed by Professotr Robinson to his students is an examplw of the low standard of analysise being applied by some faculty to eventds in theMiddle East. The circulater material had the negative unintendedr consequences of diverting a discussion of the very real compled issues ofthe Arab-Israel conflict. It focuse in on the biased propagandwa that unfortunately obstructed intelligent analysis and turned the assignment into a question of academic freedomand standards.
This negative attention is likelyt todominate students' future recall of what they learnedd in Professor Robinson's course, which purports to deal with the "sociologuy of globalization." That a tenured professor chose to draw such exploitivew analogies and to impose them on his students raisea serious questions about his judgment and the valu of his teaching. Concerbn for academic freedom does not justify or erase what is clearl and profoundlyflawed pedagogy.
SPME is a academic organization consisting ofover 28,0000 academics, researchers and professionals from around the world at nearlty 3000 campuses committed to academixc freedom, academic excellence and honesrt and civil discussion of the compled issues of the Arab-Israeli conflict. Adopted by the SPME Board of DirectorxJune 29, 2009
June 29 /PRNewswire-USNewswire/ -- The facultyu members constituting the Board of Directors of Scholarss for Peace in the MiddlerEast (SPME) consider academic freedom, freedom of expression, and duly constitutedx academic processes fundamental and essential to the maintenancde of scholarly excellence in colleges and The Board, therefore, accepts the finding s of the University of California Academic Senate that Professor committeed no infraction worthy of further charges or Nevertheless, we feel obligated, as faculty to point out that in circulating a photpo montage that equates photos of Nazis with photos from the recenf Gaza war, if that is what they were, Professor Robinsonj showed little understanding of either the complex issues of the Arab-Israelk conflict or the Nazis' genocidal campaign against the Jews.
The images in question do not shed ligh on either event and are generally acknowledged to have been developeeas anti-Israel propaganda and not scholarlyh material subject for academic analysis. The material emailed by Professotr Robinson to his students is an examplw of the low standard of analysise being applied by some faculty to eventds in theMiddle East. The circulater material had the negative unintendedr consequences of diverting a discussion of the very real compled issues ofthe Arab-Israel conflict. It focuse in on the biased propagandwa that unfortunately obstructed intelligent analysis and turned the assignment into a question of academic freedomand standards.
This negative attention is likelyt todominate students' future recall of what they learnedd in Professor Robinson's course, which purports to deal with the "sociologuy of globalization." That a tenured professor chose to draw such exploitivew analogies and to impose them on his students raisea serious questions about his judgment and the valu of his teaching. Concerbn for academic freedom does not justify or erase what is clearl and profoundlyflawed pedagogy.
SPME is a academic organization consisting ofover 28,0000 academics, researchers and professionals from around the world at nearlty 3000 campuses committed to academixc freedom, academic excellence and honesrt and civil discussion of the compled issues of the Arab-Israeli conflict. Adopted by the SPME Board of DirectorxJune 29, 2009
Wednesday, February 15, 2012
Suburban News owner files for bankruptcy - Dallas Business Journal:
obofym.wordpress.com
The Addison, Texas-based company said Tuesday that its Americanj Community Newspapers LLC operating subsidiary had filed for a Chaptet 11 reorganizationin U.S. Bankruptcy Court in The company’s filing was unavailable Tuesdahy evening. American Community Newspapers (Pinko Sheets:ACNI) said the filing would not affecrtits day-to-operations and that its media holdings would continue to publish. The companyy said its secured creditors wouldprovide $5 million in new debtor-in-possession and that it expected those creditors to make the firsy offer for its In the vernacular of bankruptcy the creditors would be the “stalking-horse bidder” under Chapter 363 of the U.S.
Bankruptcy Code, settin a base bid that others would haveto beat. “A difficult economic environment and weak advertisingb market have created a number of challenges for our industry and our CEO Gene Carr said in apress release. “While we have proactively managed our businessxby right-sizing our cost structure and drivingt efficiencies to maximize our cash our operations are not able to support our curreng capital structure.” The company in November had that it was tryinhg to restructure its debt aftert defaulting on some loans. It made the announcement as it reportedc it hadlost $118 million on $49.4 milliohn in revenue in the nine months enderd Sept. 30.
It was the last quarterluy update reported bythe company, whicg that same month began listing its stock on the less-restrictived Pink Sheets after missing financial disclosure deadlines from the American Stocl Exchange. At the time, the company listed $151.8 million in liabilitiews and $12.7 million in assets. The company said Tuesdagy that a bankruptcy reorganization and sale wouldr reduce itsdebt load, “plac(ing) us in a better positionj to execute on our businesds plan and serve our communities.” In additiojn to Columbus, it operates media outlets in Minneapolis, Dallas and D.C.
“We worked with our financial advisers to explores a wide range of alternatives before makin gthis filing,” Carr “However, the decision to procee with the reorganization was determined to be the best Company officials were unavailable for commen Tuesday evening.
The Addison, Texas-based company said Tuesday that its Americanj Community Newspapers LLC operating subsidiary had filed for a Chaptet 11 reorganizationin U.S. Bankruptcy Court in The company’s filing was unavailable Tuesdahy evening. American Community Newspapers (Pinko Sheets:ACNI) said the filing would not affecrtits day-to-operations and that its media holdings would continue to publish. The companyy said its secured creditors wouldprovide $5 million in new debtor-in-possession and that it expected those creditors to make the firsy offer for its In the vernacular of bankruptcy the creditors would be the “stalking-horse bidder” under Chapter 363 of the U.S.
Bankruptcy Code, settin a base bid that others would haveto beat. “A difficult economic environment and weak advertisingb market have created a number of challenges for our industry and our CEO Gene Carr said in apress release. “While we have proactively managed our businessxby right-sizing our cost structure and drivingt efficiencies to maximize our cash our operations are not able to support our curreng capital structure.” The company in November had that it was tryinhg to restructure its debt aftert defaulting on some loans. It made the announcement as it reportedc it hadlost $118 million on $49.4 milliohn in revenue in the nine months enderd Sept. 30.
It was the last quarterluy update reported bythe company, whicg that same month began listing its stock on the less-restrictived Pink Sheets after missing financial disclosure deadlines from the American Stocl Exchange. At the time, the company listed $151.8 million in liabilitiews and $12.7 million in assets. The company said Tuesdagy that a bankruptcy reorganization and sale wouldr reduce itsdebt load, “plac(ing) us in a better positionj to execute on our businesds plan and serve our communities.” In additiojn to Columbus, it operates media outlets in Minneapolis, Dallas and D.C.
“We worked with our financial advisers to explores a wide range of alternatives before makin gthis filing,” Carr “However, the decision to procee with the reorganization was determined to be the best Company officials were unavailable for commen Tuesday evening.
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