The parent corporation of several New York City area car washes has agreed to settle overtime claims from 1,187 current and former employees for $3.4 million.
Coupled with a previous settlement with 200 workers for more than $1.3 million, Lage has paid out more than $4.7 million in back pay and liquidated damages.
Rather than pursue a massive Fair Labor Standards Act suit in court, Lage agreed to settle under terms brokered by the U.S. Department of Labor’s Wage and Hour Division. The Labor Department may appoint a receiver to administer payments to the employees and, if necessary, liquidate company assets.
Note: Clearly, Department of Labor regulators are in no mood to cut employers slack on overtime payments. They consider their enforcement role a key portion of the Obama administration’s economic stimulus program.
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