Judge OKs Kmart's $2.8M Settlement With Workers

Law360, New York (August 19, 2008, 12:00 AM EDT) -- A judge has approved Kmart Corp.’s settlement with a class of current and former nonexempt workers in California seeking back pay for missed meal and rest periods.

Judge Otis Wright II of the U.S. District Court for the Central District of California on Monday dismissed the case with prejudice after signing off on the settlement, under which the retailer has agreed to shell out about $2.8 million to nearly 11,000 class members.

The workers filed the action in April 2006, claiming that the Sears Holdings Corp....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

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.