A class action lawsuit alleging unpaid vacation by RBC Dominion Securities. has been allowed to proceed in an Ontario court. Find out more
Play Video
“RBC takes the allegations seriously and ensures that everyone who works at any RBC company is fairly compensated and we will be defending ourselves,” the bank told the Financial Post. The proposed class action seeks to include RBC Dominion Securities employees from across Canada except British Columbia and Alberta, which have laws that exclude them from vacation and holiday pay requirements.“The class membership will cover a significant period of time,” David O’Connor, one of the lead class counsels said in an email.
“In Ontario, for example, the ultimate limitation period is 15 years and accordingly, Ontario employees who worked at RBC DS as far back as July 2005 will be included in the class,” O’Connor said.Under relevant provincial legislation, employers are obligated to pay vacation and public holiday pay on all wages earned, including variable income such as commissions.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RBC Dominion Securities faces class-action lawsuit alleging unpaid vacationA class action lawsuit alleging unpaid vacation by RBC Dominion Securities. has been allowed to proceed in an Ontario court. Find out more
Read more »
RBC Dominion Securities faces class-action lawsuit alleging unpaid vacationA class action lawsuit alleging unpaid vacation by RBC Dominion Securities. has been allowed to proceed in an Ontario court. Find out more
Read more »
RBC facing $800M class-action lawsuit over alleged pay violationsThe Royal Bank of Canada is facing a lawsuit seeking $800 million in damages over an alleged failure to properly compensate commissioned employees for vacations and statutory holidays.
Read more »
RBC facing $800M class-action lawsuit over alleged pay violationsThe Royal Bank of Canada is facing a lawsuit seeking $800 million in damages over an alleged failure to properly compensate commissioned employees for vacations and statutory holidays.
Read more »
RBC facing $800M class-action lawsuit over alleged pay violations - BNN BloombergA subsidiary of the Royal Bank of Canada is facing a lawsuit seeking $800 million in damages over an alleged failure to properly compensate commissioned employees for vacations and statutory holidays.
Read more »
Bankrupt crypto exchange FTX has recovered over $5-billion in cash and securities, attorney saysThe attorney also said that FTX plans to sell non-strategic investments that had a book value of $4.6-billion, although the company’s books have been described as unreliable
Read more »