Wal-Mart to Pay Up to $640M in Labor Settlement

Wal-Mart Stores Inc. said Tuesday that it will pay $352 million to $640 million to settle 63 class action suits charging that the retailer cheated employees of hourly pay by forcing them to work off the clock.

The lawsuits were filed in federal and state courts between 2000 and 2007. The settlement will be subject to approval in each separate court, and the number of claims filed by class members will determine the total amount Wal-Mart pays.