Wal-Mart Workers Sue For Lost Retirement Benefits

Law360, New York (April 16, 2007, 12:00 AM EDT) -- U.S. workers hit retail giant Wal-Mart with a class action Friday for allegedly conspiring to delete employees’ work hours from payroll records and thus limit annual contributions to its workers' retirement plans.

The suit, filed in the U.S. District Court for the Eastern District of Pennsylvania, claims Wal-Mart systematically miscalculated and underpaid retirement benefits to thousands of employees from February 1997 to the present, and owes tens, perhaps hundreds, of million of dollars.

Wal-Mart, which purported to contribute a specific percentage of workers’ annual salary to...
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