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Monday, November 24, 2014

Judge Gives More to Class, Less to Lawyers in Lowe's Deal

After shunning a previous settlement deal between Lowe's Home Centers Inc., and aggrieved human resources managers, a Florida federal judge has signed off on a $4.8-million agreement that substantially increases the award amount available for class plaintiffs, and separates and trims the compensation for their attorneys. In her Nov. 17 order, U.S. District Judge Virginia Hernandez Covington of the Middle District of Florida said the $1.3 million earmarked for the attorneys gave her "tremendous pause," but she approved the deal that would almost double the average award for the 891 class members who sued Lowe's in 2012 for allegedly violating the Fair Labor Standards Act by denying them overtime pay.



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