Now that many U.S. Sugar workers are reaching retirement age, though, the company has been cashing them out of the retirement plan at a much lower price than they could have received. Unknown to them, an outside investor was offering to buy the company ? and their shares ? for far more. Longtime employees say they have lost out on tens of thousands of dollars each and millions of dollars as a group, while insiders of the company came out ahead.
Archive for May, 2008
Burger King Corp. and a farmworkers advocacy group announced a deal Friday to end a bitter dispute by trying to boost wages and improve conditions for Florida tomato pickers.
