Yelp Inc (YELP) Reviewers File A Lawsuit For Wages

Tags: Yelp A group of Yelp Inc (NYSE:YELP) reviewers have filed a class action lawsuit against the review website claiming that they should be treated like employees.  The reviewers believe they should be paid.  Yelp told Circa that this is a “textbook example of a frivolous lawsuit.” The lawsuit argues that Yelp’s business model and…

LinkedIn, Yelp sink on growth fears

- 1 day ago @ marketwatch.com: Shares of both LinkedIn Inc (NYSE:LNKD) and Yelp Inc. (NYSE:YELP) tumbled after the pair reported their respective financial results. Each company had its own individual factors, but investors positioning for their piece of Twitter (NYSE:TWTR) should ...- 1 day ago @ rttnews.com: Shares of Yelp, Inc. (YELP) declined 10 percent after…

Facebook turns negative; LinkedIn, Yelp fall

- 15 hours ago @ marketwatch.com: SAN FRANCISCO (MarketWatch) — Facebook Inc. shares were up Wednesday on an upgrade and ahead of its earnings report, but LinkedIn Corp. and Yelp Inc. tanked on the social-media companies' results. Facebook (NASDAQ:FB) rose a fraction as the ...- 13 hours ago @ marketwatch.com: SAN FRANCISCO (MarketWatch) — Yelp Inc. saw its…

Yelpers Sue Yelp Claiming They're 'Unpaid Writers'

[Photo: Michael Dorausch] Should Yelpers be compensated for their reviews like actual, professional writers? A group of Yelpers have filed a California class action lawsuit against the site, claiming that they are actually unpaid employees and legally deserve pay for their work, TechDirt reports. Plaintiffs are seeking "just compensation of wages, benefits, and reimbursement for…

Yelp takes a hit on $250 million share offering

- 20 hours ago @ marketwatch.com: Yelp's (NYSE:YELP) shares slid nearly 6% in after-hours trading, with much of the decline coming after the company announced plans to sell an additional $250 million in stock for additional “working capital” for the money-losing online review service.- 5 hours ago @ thestreet.com: NEW YORK (TheStreet) -- If you're a long-term…

Wall Street retreats slightly ahead of Fed announcement

11:34 am by Deborah Bacal This morning, ADP reported that private sector employment gains slowed down in October, as employers added 130,000 jobs, compared to expectations of 138,000, according to Bloomberg. ADP also revised September's gain to 145,000, down from 166,000 previously. U.S. stocks pulled back from earlier gains Wednesday as investors exercised caution ahead…

LinkedIn, Yelp weigh on techs; Facebook rises

- 11 hours ago @ marketwatch.com: SAN FRANCISCO (MarketWatch) — Facebook Inc. shares closed with a small loss Wednesday, despite an upgrade and ahead of its earnings report, as LinkedIn Corp. and Yelp Inc. tanked on the social-media companies' results. Facebook (NASDAQ:FB) ...- 1 day ago @ marketwatch.com: Investors hoping to buy shares of Twitter next week should…