Economy

Nearly 2,000 instructors join wage lawsuit against Vail Resorts as stock trends slightly down

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Nearly 2,000 instructors join wage lawsuit against Vail Resorts as stock trends slightly down

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Nearly 2,000 current and former ski instructors have joined a federal wage lawsuit against Vail Resorts, alleging the company failed to properly compensate them for required job duties. Vail Resorts' stock has trended slightly downward in recent trading sessions.

Nearly 2,000 current and former ski and snowboard instructors have joined a federal wage lawsuit against Vail Resorts. The lawsuit alleges the company violated the Fair Labor Standards Act by failing to compensate instructors for work performed off the clock, including traveling between lesson locations and attending mandatory training sessions. Vail Resorts has denied the allegations, maintaining it has complied with wage laws. The case is structured as a collective action, and a discovery hearing is scheduled to address concerns that not all eligible workers were properly notified. Vail Resorts' stock has trended slightly downward in recent trading sessions, hovering in the low-$130 range. The company's stock has been under pressure since March, after trading at higher levels earlier in the late winter season.

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Fast 2.000 Instruktoren schließen sich Lohngesetzklage gegen Vail Resorts an, während der Aktienkurs leicht sinkt - NoFOMO | NoFOMO