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Liberty Hill Equity Partners LLC fined for miscalculating workers' overtime pay

Nov 18, 2024over 1 year ago

Contract Type

partnership

CincinnatiTransportationLogistics

Description

The U.S. Department of Labor announced that Liberty Hill Equity Partners LLC, operator of two Precision Vehicle Holdings locations in Indiana and Michigan, paid more than $56,000 in back wages and liquidated damages due to miscalculated workers’ overtime pay. The investigation revealed that the company failed to include nondiscretionary bonuses in employees' regular pay rates, impacting 234 employees.

Company Information

Company

Liberty Hill Equity Partners

Location

Cincinnati, Ohio, United States

About

Liberty Hill Equity Partners LLC is a Cincinnati-based logistics operator with locations in Indiana, Michigan, Ohio, and Tennessee.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months