Law360, New York (July 8, 2013, 1:21 PM EDT) -- A California federal judge on Friday signed off on a settlement wrapping up the remains of a former Lockheed Martin Corp. security worker’s proposed class action accusing the defense contractor of misclassifying him and others as exempt and failing to pay overtime wages.
U.S. District Judge Cathy Ann Bencivengo granted the parties’ joint motion to dismiss and ordered the case to be closed. Terms of the settlement were not revealed.
Plaintiff Thomas Rix, an industrial security representative for Lockheed from June 2004 until August 2009, filed...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.