Longs Drug Stores Corp. of Walnut Creek said Tuesday it has reached a preliminary agreement under which it will pay $11 million to settle two purported class-action lawsuits regarding overtime wages for managers at the company's California stores. The lawsuits accused the retailer of improperly classifying former and current store managers, as well as assistant managers, as exempt under the state's wage and hour laws.
Posted by Editor at June 8, 2004 03:13 PM