24 Hour Fitness Offers $17.5M To Settle OT Cases

By Erin Coe (February 22, 2013, 7:05 PM EST) -- About 900 current and former employees of 24 Hour Fitness USA Inc. on Thursday asked a California federal court to give initial approval to a nearly $17.5 million settlement that would resolve a decertified overtime collective action that turned into a protracted fight over where the company could arbitrate individual disputes.

The plaintiffs urged the court to preliminarily sign off on the deal, claiming that it gave equal treatment to the plaintiffs and fell within the range of possible approval. On average, the proposed settlement amounts to more than $20,000 for each of the 862 plaintiffs in the Fair Labor Standards...

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