Children's Place Pays $1.5M For Workers' Evening Bank Runs
By Scott Flaherty
Law360, New York (January 15, 2013, 1:53 PM ET) -- Kids' clothing seller The Children's Place Retail Stores Inc. agreed to pay up to $1.5 million to settle a putative class' allegations in Illinois federal court that the company didn't properly pay employees for after-work bank deposits, according to a filing from Friday.
A proposed class of hourly Children's Place employees — led by named plaintiffs Irena Shanks, Christina R. Collier and Martina L. Jones — asked the court to preliminarily approve a settlement of their claims against the retailer. The employees alleged in the suit...