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Sexual Harassment McDonalds

Goodwin

Court Denies Dapper Labs’ Motion to Dismiss, Finding That NFTs May Be Securities

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On February 22, 2023, U.S. District Judge Victor Marrero of the Southern District of New York denied a motion to dismiss a putative class action brought by purchasers of a non-fungible token (NFT) against Dapper Labs, Inc....more

Nelson Mullins Riley & Scarborough LLP

Delaware’s Duty of Oversight Applies to Corporate Officers

In a recent decision, the Delaware Court of Chancery determined for the first time that corporate officers owe a duty of oversight under Delaware Law. The case, In re McDonald’s Corporation Stockholder Derivative Litigation,...more

Fox Rothschild LLP

Court of Chancery Dismisses Claims Against McDonald’s Corp. Directors

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The Court of Chancery recently dismissed claims for breach of fiduciary duty, breach of the duty of oversight, and waste against the board of directors of McDonald’s Corporation. In In re McDonald’s Corp. Stockholder...more

Goodwin

McDonald’s Part Two: Delaware Court of Chancery Dismisses Caremark Claims Against Directors Arising From Sexual Harassment Issues

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On March 1, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery granted a motion to dismiss derivative claims against McDonald’s directors...more

Polsinelli

Delaware Court of Chancery Establishes Duty of Oversight Extends to Officers

Polsinelli on

In a significant and far-reaching development in Delaware corporate law, the Delaware Court of Chancery recently held in In re McDonald’s Corporation Stockholder Derivative Litigation, C.A. No. 2021-0324-JTL (Del. Ch. Jan....more

Fox Rothschild LLP

Corporate Director Duty to at Least “Try” to Carry Out Oversight Functions May Soon Extend to Company Officers

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Just last year, in assessing the extent to which a director has a duty to oversee a corporation’s business affairs, the Business Court noted the “limited guidance” afforded by state statutes and case law. In Lee v. McDowell,...more

Akerman LLP

Delaware Court of Chancery Extends Oversight Obligations to Non-Director Corporate Officers

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In former Chancellor Allen’s hallmark decision in In re Caremark International, Inc. Derivative Litigation, the Delaware Court of Chancery held that directors of a corporation owe stockholders the fiduciary duty of oversight....more

The Volkov Law Group

Delaware Court Extends Caremark Duty of Oversight to Senior Officers

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In a far-reaching decision with significant implications, the Delaware Chancery Court recently issued a decision confirming that Caremark duty of oversight obligations extends to senior officers.  This will have an immediate...more

Cadwalader, Wickersham & Taft LLP

The Ramifications of The Delaware Court of Chancery’s McDonald’s Decision – Beyond Holding That Caremark Oversight Obligations...

Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how  the Delaware Court of Chancery and Supreme...more

Bodman

Delaware Court of Chancery Establishes That the Duty of Oversight Extends to Officers

Bodman on

On January 25, 2023, the Delaware Chancery Court issued its ruling in In re McDonald’s Corporation Stockholder Derivative Litigation, C.A. No. 2021-0324-JTL (Del. Ch. Jan. 26, 2023), holding for the first time that a...more

Latham & Watkins LLP

Delaware Chancery Court Extends Oversight Duties to Non-Director Corporate Officers

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Non-director officers may face liability for failing to properly oversee the corporation’s affairs and ignoring “red flags” within their “areas of responsibility.” Key Points: ..The McDonald’s Corporation’s response...more

Goodwin

Delaware Court of Chancery Clarifies That Fiduciary ‘Duty of Oversight’ Applies to Officers and Extends Fiduciary Duty Claims to...

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In what seems destined to be a landmark Delaware Court of Chancery decision, Vice Chancellor J. Travis Laster denied former McDonald’s Executive Vice President and Global Chief People Officer David Fairhurst’s motion to...more

Goodwin

Delaware Court of Chancery Finds for the First Time That Officers’ Fiduciary Duties Include Caremark Duty of Oversight, and That...

Goodwin on

On January 25, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery denied a motion to dismiss a derivative lawsuit against David Fairhurst,...more

Carlton Fields

Decision Against McDonald’s Includes Important Lessons For Employers About Sexual Harassment in the Workplace

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A decision by the Delaware Court of Chancery allowing shareholders to sue McDonald’s over an alleged “toxic culture” of sexual harassment and misconduct at McDonald’s provides a stark reminder that employers must actually...more

U.S. Equal Employment Opportunity Commission...

McDonald’s Franchise to Pay Nearly $2 Million to Settle EEOC Sexual Harassment Lawsuit

Fast-Food Franchise Resolves Sex Harassment Case Involving Young Employees Spanning Three States - LAS VEGAS – AMTCR, Inc., AMTCR Nevada, Inc., and AMTCR California, LLC (AMTCR), a Kingman, Arizona headquartered franchise...more

U.S. Equal Employment Opportunity Commission...

Major New England McDonald’s Owner/Operator to Pay $1,600,000 to Settle EEOC Class Harassment and Retaliation Suit

Vermont-Based Coughlin Created Sexually Hostile Work Environment Against Class of Workers, Mostly Teens, Federal Agency Charged - NEW YORK – Coughlin, Inc., a Vermont-based company that owns and operates ten McDonald’s...more

U.S. Equal Employment Opportunity Commission...

EEOC Sues McDonald’s Restaurants for Sexual Harassment of Young Workers

Franchise Owner’s Pervasive Culture of Harassment Spanned Across Three States, Federal Agency Charges - LAS VEGAS – AMTCR, Inc., AMTCR Nevada, Inc., and AMTCR California, LLC violated federal law by allowing a class of...more

Goodwin

Northern District of California Kicks Shareholder Derivative Suit Against Alphabet, Inc. for Failing to Allege Demand Futility

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Northern District of California Kicks Shareholder Derivative Suit Against Alphabet, Inc. For Failing to Allege Demand Futility; Rare Securities “Holder’s Claim” Trial Results in Jury Verdict for Defendants; Delaware Court of...more

U.S. Equal Employment Opportunity Commission...

Par Ventures, McDonald’s Franchisee, to Pay $12,500 to Settle EEOC Sexual Harassment Lawsuit

Teenage Employee Harassed and Assaulted by Male Supervisor, Federal Agency Charged - FAYETTEVILLE, N.C. – Par Ventures, Inc., a North Carolina corporation which operates a chain of seven McDonald’s fast food restaurants,...more

Rumberger | Kirk

Workplace Romance: Do You Have a Policy for That? If You Don’t, You Should

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In the wake of McDonalds’ CEO Steve Easterbrook’s decision to step down for having a consensual relationship with an employee in violation of company policy, many are left wondering, is there any room in the restaurant...more

Rumberger | Kirk

What Restaurants Can Learn From McDonald's CEO Ouster

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Surprisingly, one in three employees are in a romantic relationship with someone they work with, and more than half of all-American professionals say they have participated in a workplace romance at some point. Originally...more

U.S. Equal Employment Opportunity Commission...

McDonald’s Franchisee Settles EEOC Sex Harassment Lawsuit

Credle Enterprises to Pay $340,000 to Resolve Claims of Physical and Verbal Harassment of Female Employees - DALLAS - Credle Enterprises, LLC, doing business as McDonald's in the Texas panhandle, will pay $340,000 and...more

Kelley Drye & Warren LLP

It Starts at the Top

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What’s happening at McDonald’s should serve as an important lesson for many employers. In the past two weeks, it was reported that its CEO resigned or was terminated (depending on what news outlet you read) because he...more

Robins Kaplan LLP

Financial Daily Dose 11.13.2019 | Top Story: Buffeted by Changing Consumer Demands, Dean Foods Declares Bankruptcy

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Dean Foods, the largest milk company in the U.S., has filed for bankruptcy protection, a “fresh setback to a U.S. dairy industry struggling against declining U.S. milk consumption and rising competition.”  Industry experts...more

U.S. Equal Employment Opportunity Commission...

EEOC Sues Credle Enterprises, LLC For Sexual Harassment

Two Male Employees Physically and Verbally Harassed Female Employees, Federal Agency Charges - DALLAS - Credle Enterprises, LLC, doing business as McDonald's, violated federal law by subjecting four female employees at a...more

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