PepsiCo Cuts $5M Deal To End Calif. Truck Drivers' OT Row

By Dorothy Atkins (June 25, 2018, 8:02 PM EDT) -- A proposed class of PepsiCo Inc. truck drivers asked a California federal court on Friday to preliminarily approve a $5 million settlement that would resolve allegations that the beverage giant failed to pay them overtime, provide meal and rest breaks, and reimburse their business expenses in violation of state and federal labor statutes.

In a motion for preliminary settlement approval, lead plaintiff Nathaniel Helton argued the nonreversionary settlement is fair and reasonable, since it would allot $1,988 to each of the approximately 1,800 individuals, who drove for PepsiCo subsidiaries Pepsi-Cola Sales and Distribution Inc. and New Bern Transport Corp.

"The settlement is...

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