Louis Vuitton Managers Bag $1.5M Payout In OT Action

Law360, New York (July 18, 2011, 3:39 PM EDT) -- Louis Vuitton North America Inc. on Monday agreed to pay $1.5 million to settle a California class action brought by retail store assistant managers that claimed the company shortchanged them on overtime and meal and rest breaks.

“Class counsel considers this to be an excellent settlement for the class members,” attorneys for the named plaintiffs wrote in a motion asking Judge Anthony J. Mohr to approve the agreement. “The settlement is 70.5 percent of the realistic settlement exposure, which is outstanding considering the risk of prevailing...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.