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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Deeber who wrote (71077)4/24/1999 8:39:00 PM
From: Bouf  Read Replies (1) | Respond to of 119973
 
FSACF..... alerted his fans early in the week to get this baby..what a mvoe FRIDAY..AWESOME!



To: Deeber who wrote (71077)4/25/1999 6:26:00 AM
From: TokyoMex  Read Replies (3) | Respond to of 119973
 
When is this kind of crap going to end ,,

Saturday, April 24, 1999
Lawsuit Accuses Coca-Cola of Bias Against Black Workers
Workplace: Complaints involve advancement and pay. Firm says it strives to treat all employees fairly.
From Associated Press


TLANTA--Four former and current black employees of Coca-Cola Co. are suing the soft-drink giant, alleging discrimination and claiming that blacks are paid less and have fewer opportunities to advance than white employees.
"Not only do barriers exist for African American employees seeking upward advancement within the company, but similar barriers virtually segregate the company into divisions where African American leadership is acceptable and divisions where it is not," the plaintiffs said in the lawsuit.
The suit was filed Thursday in U.S. District Court in Atlanta by Washington lawyers Cyrus Mehri and Pamela Coukos. Mehri, a veteran of corporate discrimination cases, represented black employees who sued Texaco in a case that resulted in a landmark $176-million settlement in 1996.
Coke officials said the company's attorneys were still reviewing the suit. Three of the plaintiffs had filed earlier internal complaints, which the company said it had investigated and didn't find discriminatory.
Chairman and Chief Executive, M. Douglas Ivester said in a statement Friday that "Coca-Cola Co. was built over time by people of all races, colors and creeds. Discrimination at Coca-Cola is not tolerated."
In an e-mail sent to employees, Ivester assured them that company policy is that any allegation of discrimination is investigated, and "if we find it, we act to stop it. Our goal is the fair, equitable and honest treatment of all of our associates."
"I want each of you to know that while we believe the lawsuit is without merit, I take these allegations seriously and our management team takes them seriously," Ivester wrote.
The suit seeks to include about 1,500 past and current salaried black employees at Coke.
The complaint says few of the company's black managers reach the highest salary levels and tend to be confined to divisions such as human resources and corporate affairs, which lack the advancement potential of white-dominated divisions such as global marketing or finance.

Copyright 1999 Los Angeles Times. All Rights Reserved

Search the archives of the Los Angeles Times for similar stories about:
COCA COLA CO, SOFT DRINK INDUSTRY, BLACKS, RACIAL DISCRIMINATION, SUITS. You will not be charged to look for stories, only to retrieve one.



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April 24, 1999

Hyundai Must Pay $9.5M Lawsuit

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A.P. INDEXES: TOP STORIES | NEWS | SPORTS | BUSINESS | TECHNOLOGY | ENTERTAINMENT
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Filed at 5:49 p.m. EDT

By The Associated Press
SANTA ANA, Calif. (AP) -- A division of Korean giant Hyundai Group must pay $9.5 million to a corporate headhunter fired for refusing to discriminate against women, a jury decided.

Hyundai Semiconductor America Inc. came out the loser on Friday in a lawsuit filed by Jeff Abraham, owner of Technical Resources Inc.

In addition to Hyundai's payment, the jury ruled that Menzie must pay Abraham nearly $500,000.

''The verdict is the truth. The award is beyond my wildest expectations,'' Abraham said. ''This has never been about money. I did this because I wanted the record to show what they're all about, and it's on the record today.''

Hyundai said in a statement that it would appeal the verdict and ''has not ever, nor does it now, discriminate in hiring or contracting practices.''

Hyundai hired Abraham's recruiting firm in 1996 to find engineers and other professionals for a computer chip manufacturing plant in Eugene, Ore.

According to his lawsuit, Abraham was told by James F. Menzie, a Hyundai human resources manager, to stop sending resumes from blacks or women.

The Korean managers had indicated ''they would hire as few as possible,'' the suit said.



To: Deeber who wrote (71077)4/25/1999 4:01:00 PM
From: purecntry5  Read Replies (1) | Respond to of 119973
 
agree that EBLD will have a blockbuster week, plenty of developments to keep it going(with YHOO being the biggest)

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