WASHINGTON (AP) -- Workers who fill customer orders for Internet retailer Amazon (AMZN - Get Report) might be out of luck in their quest to be paid for time they spend going through security checkpoints each day.
Several Supreme Court justices expressed doubts Wednesday during arguments over whether federal law entitles workers to compensation for security measures to prevent employee theft.
The case is being watched closely by business groups concerned that employers could be liable for billions of dollars in retroactive pay for security check procedures that have become routine in retail and other industries.
According to Sam Hananel of the Associated Press, the case involves two former warehouse workers who filled orders for customers of Amazon.com. They say they had to wait up to 25 minutes in security lines at the end of every shift. A federal appeals court ruled last year that the workers deserved to be paid because waiting for security checks had become a part of the job.
Watch the video below for the EU's investigation into Amazon's European tax practices:
TheStreet Ratings team rates AMAZON.COM INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate AMAZON.COM INC (AMZN) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow."
You can view the full analysis from the report here: AMZN Ratings Report