Auto Sales Reps Want Final OK Of $5.5M Deal In Wage Suit
Law360, New York (April 8, 2016, 9:22 PM EDT) -- Nearly 90 current and former sales representatives of car dealers asked a New York federal court Thursday for final approval of a $5.5 million class action settlement over New York labor law claims, saying the deal is fair, reasonable and adequate.
Under the $5.5 million deal, which was preliminarily approved in January, class members will each receive an average net payment of about $38,559.48 with the maximum award amount being $156,757.84, the 89 sales representatives said in their Thursday memorandum in support of their motion for final approval. The agreement also includes $1.8 million in attorneys’ fees and $21,892.41 in expenses,...
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