Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Cintas Corporation Announces Victory in Class Action Certification Lawsuit

Fri. April 03, 2009; Posted: 11:25 AM
Stocks RSS
CINCINNATI, Apr 03, 2009 (BUSINESS WIRE) -- CTAS | Quote | Chart | News | PowerRating -- Cintas Corporation (Nasdaq: CTAS | Quote | Chart | News | PowerRating) announced today a significant victory in two class action employment discrimination lawsuits, Mirna E. Serrano vs. Cintas Corporation (Case No. 04-CV-40132) and Blanca Avalos vs. Cintas Corporation (Case No. 06-CV-12311).

Judge Sean Cox of the Eastern District of Michigan Southern Division issued an Order rejecting the plaintiffs' bids for class certification in nationwide and Michigan hiring discrimination lawsuits alleging that Cintas had discriminated against female and minority applicants who sought service sales representative positions at hundreds of Cintas facilities across the country.

The court agreed with Cintas that the plaintiffs' evidence did not demonstrate any common, class-wide discriminatory impact or pattern of discrimination. The court also found the plaintiffs' efforts to rebut Cintas' commitment to diversity "entirely unpersuasive," stating, "Cintas has presented sincere attempts to achieve greater diversity in its company."

"This is an important vindication for Cintas. Diversity is one of our top corporate initiatives," said Scott Farmer, Chief Executive Officer of Cintas Corporation and chairman of the company's Diversity Committee. "We are pleased that the court acknowledged Cintas' continued commitment to diversity and inclusion, as both a smart business practice and a way to maximize the talents of our employee-partners."

Cintas Corporation believes this litigation was a failed attempt by the labor union, UNITE HERE, to falsely portray the company and its commitment to diversity as part of its six year old corporate campaign. A large component of the campaign is finding potential legal claims against Cintas. UNITE's hand-picked counsel sought out original named plaintiff, Blanca Avalos, as well as other representative plaintiffs.

About Cintas Corporation:

Headquartered in Cincinnati, Ohio, Cintas Corporation provides highly specialized services to businesses of all types. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services to approximately 800,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor's 500 Index.

SOURCE: Cintas Corporation

Cintas Corporation 
Pam Lowe, V.P., Corporate Communications, 513-573-4017 
lowep@cintas.com 
or 
Heather Trainer, Corporate Communications Manager, 513-701-2200 
trainerh@cintas.com
For full details on Cintas Corp (CTAS) click here. Cintas Corp (CTAS) has Short Term PowerRatings of 5. Details on Cintas Corp (CTAS) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [CTAS]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.