Verizon Settles Overtime Lawsuit for $7.7 Million

A federal judge has approved a settlement that will result in Verizon shelling out $7.7 million stemming from accusations the carrier violated the Fair Labor and Standards Act.

Employees at Verizon retail outlets claimed that the company failed to pay overtime and bonuses that they had earned.

The settlement money will be split among the store employees, Law360 said.

Verizon denies any wrongdoing. The company says it fully cooperated with the plaintiffs’ lawsuit.

It all started in 2011 when two Illinois men filed separate lawsuits that accused Verizon of the labor-law violations. Specifically, Big Red allegedly adjusted overtime for bonuses and other types of incentives. The two later combined their suits.

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