Wal-Mart to Pay Over Half a Billion Dollars to Settle Overtime and other FLSA Lawsuits

Walmart has agreed to pay between $352 million and $640 million to settle 63 wage-and-hour abuse lawsuits against the company.  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,...

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[Source: HR Lawyer's Blog]