Wal-Mart to Settle Labor Lawsuits

Wal-Mart Stores here said it has agreed to settle 63 wage and hour class-action lawsuits for between $352 million and $640 million, depending on the amount of claims submitted by members of the class. The settlement of the lawsuits, which have been pending against the company for several years, comes as a more labor-friendly administration prepares to take office in Washington. The

BENTONVILLE, Ark. — Wal-Mart Stores here said it has agreed to settle 63 wage and hour class-action lawsuits for between $352 million and $640 million, depending on the amount of claims submitted by members of the class.

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