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Wal-Mart Stores Inc agreed to pay as much as $86 million to settle a class-action lawsuit accusing it of failing to pay vacation, overtime and other wages to thousands of former workers in California.
About 232,000 people will share in the settlement, which was disclosed on Tuesday in a federal court filing.
It requires a minimum payout of $43 million, and “far exceeds other recent settlements” involving Wal-Mart, the filing shows. The accord requires court approval.
Wal-Mart spokesman Greg Rossiter declined to comment.
The world’s largest retailer was accused in the original 2006 complaint of failing to pay a variety of wages to former workers as required under California law.
In agreeing to settle, the Bentonville, Arkansas-based company did not concede that any wages remained unpaid, according to Tuesday’s filing.
via Wal-Mart in $86 million settlement of wage lawsuit | Reuters.
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