Walmart sued over last-mile delivery driver compensation [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Yahoo! Finance
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in late December against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts for pay reimbursement and misleading workers about how they could access their earnings. According to the lawsuit, Walmart and Branch opened Branch accounts for last-mile Spark drivers and deposited pay into these accounts without the drivers' consent. Spark consists of independent drivers who work with Walmart to fulfill delivery requests. Furthermore, Walmart told Spark drivers that using Branch was a requirement to get paid and that those who refused would be terminated, the lawsuit stated. The lawsuit also alleged that Walmart and Branch misled workers about the availability of same-day access to earnings. Drivers had to follow a complex process to access their funds and faced further delays or fees if they needed to transfer money into a different account, resulting in workers paying more
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WMT
Earnings
- 11/19/24 - Beat
WMT
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- WMT's page on the SEC website