USA: McDonald’s wins favorable legal ruling, shares at 2016 low
A judge has downsized a case filed against McDonald’s (MCD -1.4%) over its liability for labor violations of franchisees.
Claims made against the company for issues in Chicago, San Francisco, Los Angeles and Indianapolis will be pushed down the road until after the National Labor Relations Board rules on joint employer conditions.
Shares of McDonald’s are at a 2016 low after the company disclosed it lost some key execs to retirement.
Source: Seeking Alpha
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