On February 20, 2015, Green Savits, LLC together with the Law Office of John G. Reckenbeil, LLC of Spartanburg, SC, filed a class action lawsuit against Sealed Air Corporation of Elmwood Park, NJ in federal district court in Newark. The lawsuit alleges that the named plaintiffs, Cathy Parker and Rick Hayden and similarly situated Sealed Air employees were retroactively denied 2012 bonus payments after they earned those bonuses under Sealed Air’s 2012 bonus policy. Sealed Air is one of the world’s largest packaging manufacturers and creator of Bubble Wrap. The company employs approximately 25,000 employees worldwide. For years, it has been Sealed Air’s policy to pay certain employees incentive based compensation through a specific formula. In addition to reaching certain sales goals, the employees were required to obtain a certain performance rating or score to become eligible for the bonus compensation. In early 2013, after eligible employees had received their rating score for 2012, Sealed Air decided to retroactively lower the rating score below the eligibility threshold of 15% of those who already fully performed under the preceding year’s incentive plan so as to deprive them of compensation they already earned.
The lawsuit alleges claims for breach of unilateral contract and violations of certain states’ wage payment acts.