Indiana Hit With $42 Million Judgment in 16-Year-Old Suit

An Indiana trial court has awarded more than $42 million to current and former Indiana state employees who were required by the State of Indiana to work 40-hour workweeks from 1973 until 1993 even though other state employees holding the same positions were required by the State to work only 37.5-hour workweeks for exactly the same pay. Judge John Hanley of the Marion Superior Court issued findings of fact, conclusions of law and a judgment earlier this morning.

Suit was filed almost sixteen years ago, on July 29, 1993, when attorneys William A. Hasbrook and John F. Kautzman of Indianapolis-based Ruckelshaus, Kautzman, Blackwell, Bemis & Hasbrook filed the original class action complaint. The crux of the plaintiffs’ complaint has from the beginning been that the State was not legally permitted to force state employees in particular job classifications to work 2.5 hours more per week than other state employees in the same job classifications, while still paying them exactly the same pay as their lower-hour counterparts. Sixteen years and one four-day bench trial later, the Indiana court agreed and found in favor of the plaintiffs, awarding $42.4 million in damages for 20 years that the State continued making this unjust demand of certain of its employees.
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Consumer Confidence Slips Again

Continued upticks in unemployment are sapping consumer confidence, according to the latest Consumer Confidence Index from The Conference Board.

“Consumer confidence, which had rebounded strongly in late spring, has faded in the last two months,” said Lynn Franco, Director of The Conference Board Consumer Research Center. “The decline…was caused primarily by a worsening job market, as the percent of consumers claiming jobs are hard to get rose sharply.”

The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households. The monthly survey is conducted for The Conference Board by TNS, the world’s largest custom research company. The cutoff date for July’s preliminary results was July 21st.
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Home Price Declines Continue to Slow

Data through May 2009, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show that, although still negative, the annual rate of decline of the 10-City and 20-City Composites improved for the fourth consecutive month in 2009.

The 10-City and 20-City Composites declined 16.8% and 17.1%, respectively, in May compared to the same month last year. These values are improvements over April’s data, which show annual declines of 18.0% and 18.1%, respectively. After 16 consecutive months of record annual declines, beginning in October 2007 and ending in January 2009, the indices have now shown four consecutive months of improvement in annual returns.
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News & Notes: Lowell Rail Extension Price Tag Rises

The projected price tag for a rail extension to Lowell, IN, has increased 34 percent to nearly $738 million.

New home sales were up 11 percent nationwide in June, the biggest jump in eight years, but the median sale price was down 12 percent versus year-ago.

Indiana and Michigan have joined forces with other Midwestern states in pursuit of Federal funds for an eight-state, high-speed rail network.

Forming a design committee to recommend improvements to Monnett Elementary is one of nine priorities for the Rensselaer Central Schools Corporation this school year.

Congressman Peter Visclosky brings home more bacon for Northwest Indiana.