Staples Pays $38M To Settle FLSA Suit

Law360, New York (November 5, 2007, 12:00 AM EST) -- Staples Inc. said Monday that it would pay $38 million to settle a wage-and-hour class action lawsuit alleging it misclassified its California-based assistant store managers as exempt from overtime pay.

The settlement, which also includes interest and attorneys' fees, must still win the approval of a judge in the Superior Court for the State of California in the County of Orange. The case was scheduled to go to trial this week.

Plaintiffs attorney Matthew Righetti of Righetti Law Firm P.C. said Monday that he was not...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.