Laundry App's Wage Class Deal Doesn't Hold Water: Judge

By Cara Bayles (September 2, 2016, 8:52 PM EDT) -- A San Francisco judge rejected a settlement between Wash.io Inc. — an app-based service billed as "the Uber of laundry" — and a putative class of workers who allege they were underpaid, saying Friday the deal would likely hurt more than help workers because the financially troubled company likely can't afford it.

Judge Curtis E.A. Karnow said the proposed settlement agreement contained conditional forecasts that seemed unlikely to be borne out. According to the settlement, Washio would pay between $450,000 and $675,000, depending on whether the company had reached a valuation of $60 million within 30 months of the deal being...

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