After spending millions to shut down the former associates who had files suit, DST/Stone have agreed to settle for $125 million......even lower raises will be in the future to make up for this.
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Settlements are being dispersed to accounts now.
Stone had a lot more money than 125 million to settle this lawsuit. Stone wins and all the attorney groups win. The employees past and present lose as they get the left over to split 8000 ways since it is a class action settlement for all different amounts. So even though the company jams arbitration down your throat and makes all new employees sign the paperwork to never sue the company. The arbitration bit Stone in the A$$ and they then force a class action lawsuit down your throat since Stone was getting smashed by the arbitration awards employees were being awarded. The place is a $hit Hole and will always be a $hit Hole!
You know, its hard enough working at a financial services company, but to add to the stress and daily fires, having a bad manager that clearly doesn't care about his staff is over the top. That is why I don't point out future issues and just let them blow up. So he can get called on the carpet over and over. I am hoping this will get him layed off. Yes it does impact clients and their processing. Clients get mad. But in the end, its my manager's problem, not mine. I just his bad ideas and decisions go, never pointing out that they won't turn out well. He never thinks things through.