CAMP HILL, Pa. — Rite Aid Corp. has reached a global settlement with counsel for plaintiffs in connection with 15 collective and class-action lawsuits regarding wage and hour claims.
Rite Aid Corp. has reached a global settlement with counsel for plaintiffs in connection with 15 collective and class-action lawsuits regarding wage and hour claims.
Under the agreement, which is subject to court approval, Rite Aid has consented to pay up to $20.9 million to resolve allegations of misclassification of salaried assistant store managers and comanagers. The plaintiffs sought overtime pay for hours worked in excess of 40 hours per week, contending that overtime pay was required by the Fair Labor Standards Act and the laws of certain states.
The settlement resolves claims that date back to 2002 in some cases and cover more than 6,000 current and former employees. Seth Lesser, lead plaintiffs’ counsel, called it an “excellent result.”
