AIG Resolves OT Class Action For $1.7M

Law360, New York (April 25, 2011, 11:07 PM EDT) -- A California federal judge on Monday granted preliminary approval of a $1.7 million settlement in a wage-and-hour class action brought by 1,300 current and former employees of American International Group Inc.

U.S. District Judge Dolly Gee preliminarily approved the settlement by AIG and member company American General Financial Management Corp. with employees who claimed the companies failed to provide mandated meal and rest breaks, and failed to make up for lost earnings after discovering in August 2007 that a software error had miscalculated wages for the...
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