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• Walmart announced that it will settle a class action lawsuit charging that it unlawfully reduced its Minnesota employees’ break time and allowed them to work off the clock for more than decade running between 1998 and 2008. The cost of the settlement will be as much as $54.25 million.

Walmart, which was found guilty in the lawsuit, arrived at the settlement before scheduled hearings that would have set punitive damages. Some estimates were that Walmart could have been hit with as much as $2 billion in penalties, which makes the settlement figure look like a steal.
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