Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member. Inc. (AMZN) Might Be Forced To Spend More Than $100 Million In Compensations Today, Inc. (NASDAQ:AMZN)’s price displays grim figures as the online retailer’s valuation has fallen about 1% in the last 3 days and can continue to dive throughout the current trading hours. The company’s down some 0.4% more already, at a price close to $316, and exhibits unpredictable swings. This comes along with the news that, Inc. (NASDAQ:AMZN) has to defend itself today in the Supreme Court against accusations of abuses with respect to employees, according to Bloomberg.

Amazon Video Streaming Deal

There have been numerous complaints that, Inc. (NASDAQ:AMZN) performs security measures on the account of workers’ time.

“Amazon appears before the Supreme Court today to defend itself over employee pay. The company’s hourly workers are required to go through an airport-style screening process at the end of the day to make sure they aren’t stealing and that process takes as long as 25 minutes and they are not paid for their time so they’re not allowed to leave the building, but they’re not getting paid anymore,” said Matt Miller.

This particular case features Jesse Busk, 37, who is working for the company in a warehouse in Nevada, and if he manages to convince the court that, Inc. (NASDAQ:AMZN) has been abusive in its deeds, it will have to compensate 400,000 employees’ time spent. This could cost the company as much as $100 million or even more, according to Sky. Also remuneration for wasted workers’ time could extend to all of, Inc. (NASDAQ:AMZN)’s hourly employees.

The case has been dismissed by Nevada’s District Court, but there’s a big chance that Mr. Busk will have the law enforcers on his side as this case describes a situation in which employees are required to do something for the employer without being paid for it. However, it’s the Supreme Court’s responsibility to analyze the situation and decide if workers have a right on compensation for the donated time.

Disclosure: none
Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!