Saks Settles OT Suit After Blocking Class Cert. Bid

Law360, New York (January 8, 2014, 12:35 PM EST) -- After defeating a class certification attempt, Saks Inc. reached a proposed $115,000 settlement with a small group of managers accusing the company of misclassifying them as exempt from overtime, according to a joint motion filed in California federal court Monday seeking approval of the deal.

Saks, the five named plaintiffs and three employees who opted in to the litigation asked U.S. District Judge Saundra Brown Armstrong to approve their agreement months after the judge shot down the workers' bid to certify a statewide class of employees...
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