BJ's Reaches $9.3M Settlement With Midlevel Managers

Law360, New York (November 18, 2009, 6:05 PM EST) -- BJ's Wholesale Club Inc. has reached a $9.3 million settlement with a former department manager to resolve a class action accusing the warehouse retail store of failing to pay proper wages and overtime in violation of federal and state law.

The plaintiff's counsel Klafter Olsen & Lesser LLP announced the settlement, which still needs court approval, on Wednesday, while BJ's released its own statement Wednesday reporting that it had recorded an $11.7 million pretax ($6.9 million post-tax) charge to establish a reserve in connection with the...
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