Wage and hour lawsuit. Did that phrase just send a chill down your spine? In house counsels face a myriad of legal issues every day. Employment law is one of these thorny subjects. Violations of wage laws can result in costly litigation.
It's a lesson that drugmaker Novartis found out the hard way. The company is now paying $99 million in order to settle a class action lawsuit filed by its sales representatives.
The sales representatives claimed they were entitled to overtime pay. Novartis asserted otherwise. It said the employees should be considered exempt.