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Ryan Beck, Workers Seek OK On $1.3M FLSA Settlement

Law360, New York (November 04, 2009) -- Ryan Beck Holdings Inc. and a group of employees suing it for alleged violations of the Fair Labor Standards Act have lodged a joint motion asking a New York federal court to conditionally approve class certification for the purposes of executing a $1.3 million settlement.

The motion, submitted Tuesday in the U.S. District Court for the Southern District of New York and signed by attorneys for both sides, seeks approval of a conditional class “for...

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