Wage and Hour Litigation produces more “Workplace Class Action Lawsuits” than any other in 2007.

An annual report by a Chicago based law firm, Seyfarth Shaw, recommends that class action litigation is expected to continue heavily in 2008.

In 2007, the 10 largest class action wage and hour settlements totaled over $319.3 million dollars!    This is the first time in 5 years that the top 10 wage and hour and ERISA class-action settlements outpaced employee discrimination cases in overall values.

To provide background on some of these major companies end up paying out, here is a list of wage and hour settlements from 2006:

1.  Citigroup Global Markets – $98 Million Dollars

2.  UBS Financial Services -  $89 Million Dollars

3.  United Parcel Service (UPS) – $87 Million Dollars

4.  International Business Machines (IBM) – $65 Million Dollars

5.  Morgan Stanley – $42.5 Million Dollars

6.  Merrill Lynch – $37 Million Dollars

7.  24 Hour Fitness – $38 Million Dollars

8.  Siebel Systems -  $27.5 Million Dollars

9.  Sears and Roebuck – $15 Million Dollars

10.  Electronic Arts (EA) – $14.9 Million Dollars

The Fair Labor Standards Act was put in place to protect people in the workplace.  If you want more information on wage and hour filings, or if you feel like you have been discriminated against in the workplace, please don’t hesitate to our Wage and Hour Discrimination in the Carmel, Indiana law firm for more information.