Vail Resorts Could Soon Face Reignited Federal Class Action Lawsuit From Current & Former Employees
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2 Articles
Vail Resorts (MTN) Sees Fiscal 2025 EBITDA at Lower End of Guidance
Vail Resorts (MTN, Financial) has adjusted its financial outlook for fiscal 2025, indicating that its Resort Reported EBITDA is expected to fall in the lower half of its previously issued guidance range. This shift is attributed to reduced ticket sales during the spring season, which saw fewer visitors than anticipated. The company is implementing its Resource Efficiency Transformation plan along with stringent cost management strategies to help…
Vail Resorts Could Soon Face Reignited Federal Class Action Lawsuit From Current & Former Employees
Broomfield, Colorado — A yearslong battle over workers’ compensation could soon become a much bigger problem for Vail Resorts. Jenna Greene of Thomas Reuters reports that a motion to dismiss a California case that was filed last Friday could end one state lawsuit against Vail Resorts and reignite a federal lawsuit against the ski resort conglomerate. For years, Vail Resorts has tried to resolve a class action lawsuit that started in October 2020…
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