Penske, Workers Settle Suit Over Vacation Policy

Law360, New York (February 4, 2010, 1:50 PM EST) -- A federal judge has approved a preliminary $500,000 settlement that would end a lawsuit against two Penske Corp. units that allegedly violated California labor law by carrying out a “use it or lose it” vacation time policy.

In an order issued Tuesday, Judge Dana M. Sabraw of the U.S. District Court for the Southern District of California said the preliminary settlement appeared to be reasonable and ordered the parties to meet in May for final approval of the agreement.

The settlement resolves allegations that the California...
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