Staples has agreed to a $42 million settlement to resolve 12 wage-and-hour class action lawsuits related to its misclassification of assistant store managers. The settlement comes after several years of litigation, and the claims of unpaid overtime go back to 2002. The settlement includes an agreement that Staples will not appeal a February 2009 jury decision awarding $4.9 million to 343 Sales Mangers. It also resolves a pending case in Massachusetts state court, as well as 10 other cases previously centralized in the District of New Jersey under by the United States Judicial Panel on Multidistrict Litigation. The settlement is subject to court approval.
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