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Chipotle Mexican Grill Inc. has reached a tentative settlement with workers who accused the company of failing to pay them overtime wages in a case that's lined up for potential U.S. Supreme Court review. The company and the workers told the high court last week that they plan to withdraw the case if the deal to resolve the lawsuit is finalized and wins approval from a federal district court.
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Chipotle, for example, once counted McDonald's as a major investor. That company managed to thrive and become a global player after the burger chain sold its interest in the Mexican fast-casual.
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Pandya filed for personal bankruptcy Dec. 8 with the Eastern District of Pennsylvania Bankruptcy Court. In the filing, he said he had $10-$50 million in liabilities and the same range for assets.
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2. PORTLAND, Maine (AP) โ Chipotle Mexican Grill has agreed to pay $240,000 to former employees as part of a settlement stemming from a complaint that the company violated federal law by closing.
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Ramsay de Give for The New York Times. Chipotle Mexican Grill on Tuesday agreed to pay $25 million to resolve criminal charges accusing the fast food company of serving tainted food from 2015 to.
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Opsis Health, of Highlands Ranch, filed for Chapter 7 bankruptcy March 15, less than one year after it launched Plateful, the company's signature phone app.. Chipotle's board has approved a.
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Owner of popular fast-food chain files Chapter 11 bankruptcy (again) Story by Daniel Kline โข 2w. In this article. SPG โ +0.11% โ. MCD โ -1.13% โ.
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Since the end of the Covid pandemic, RBI has seen three large Burger King franchisees file for Chapter 11 bankruptcy. That included Premier Kings, a 172-location operator owned by the same.
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Aug. 9, 2022. New York City said Tuesday that it had reached a settlement potentially worth more than $20 million with the fast-food chain Chipotle Mexican Grill over violations of worker.
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Chipotle announced it was permanently closing its Augusta, Maine, location last year after workers filed a National Labor Relations Board petition for a union election. The NLRB later said the closure was illegal. The Maine location was the first in the chain to file a union petition. The settlement, released by union officials on Monday.
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Chipotle (CMG) owes workers $151 million because of the violations, the city said. Chipotle (CMG) has somewhere between 80 and 90 locations and about 6,500 employees in New York City, according to.
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Chipotle Mexican Grill Inc. will pay $25 million to resolve criminal charges related to the company's involvement in foodborne illness outbreaks that sickened more than 1,100 people between 2015 and 2018, the Department of Justice announced today.. Endo Health Solutions Inc. (EHSI), which is in bankruptcy, has agreed to resolve criminal.
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Chipotle said Tuesday that its same-store sales fell 16% that month. Chipotle's online orders, which it has heavily promoted in recent years, jumped 80% for the quarter to 26% of sales.
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Chipotle Mexican Grill will pay a total $240,000 in salary and back pay to the former employees of an Augusta, Maine, restaurant that the company shuttered after the workers tried to unionize.
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In short, the rise in Chipotle's shares is the result of the restaurant's opening new locations and growing revenue. The company opened 271 new locations in 2023 and reported $9.9 billion in.
