Wal-Mart to Pay Over Half a Billion Dollars to Settle Overtime and other FLSA Lawsuits
Walmart has agreed to pay up to $640 million to settle 63 wage and hour class action lawsuits that have been pending against the company for several years. The company, which has been fighting such suits for years, apparently finally decided to simply get the matter behind it. In its statement, the Company indicated that the lawsuits were regarding facts and circumstances of many years ago and that it does not represent Walmart's current approach to employee compensation issues.
As part of the settlement, Walmart has agreed to continue to use various electronic systems and other measures designed to maintain compliance with its wage and hour policies and applicable law.
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Wal-Mart Agrees to Pay $34 Million for Overtime Violations
Does Wal-mart need a hall monitor?
