Law360, New York (August 15, 2011, 5:29 PM EDT) -- Starbucks Coffee Company Co. agreed Friday to pay nearly $1.6 million to settle a Florida collective action by store managers who said the coffee chain denied them overtime pay, resolving the case just days before it was scheduled to go to trial.
Starbucks will pay nearly $614,000 to a nationwide class of 553 managers and $950,000 to cover the plaintiffs' legal costs, according to the terms of the settlement. The trial was slated to begin Aug. 22 in Florida federal court.
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