Saturday, September 10, 2011


After persistent rumors this week that Groupon was shelving its IPO due to investor and user dissatisfaction, more bad news has struck. In a filing in Chicago federal court this week, former salesperson Ranita Dailey confirmed she will be lead plaintiff on behalf of Groupon employees who seek to recoup overtime that the company allegedly failed to pay. The suit claims that Groupon violated federal and state labor law, and demands three years of back wages and punitive damages for hundreds of employees. Groupon has not commented on the lawsuit.

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