OPERATIONS

Court gives women in Wal-Mart class action suit time to file individual lawsuits

BY Staff Writer

New York City — The women who were part of the large class action lawsuit against Wal-Mart Stores have been given until Oct. 28 to file individual lawsuits against the company, a U.S. judge ruled, Reuters reported.

The women, who claim the retailer denied them pay raises and promotions because of gender bias, are regrouping after the U.S. Supreme Court dismantled a class of up to 1.5 million current and former Wal-Mart workers in June.

Attorneys for the women are expected to try to fashion smaller class actions as the litigation moves forward.

"The court agreed with us that there needed to be a consistent, common date that applies to all claims of former class members," said plaintiff attorney Jocelyn Larkin.

"This is a fair approach that is very similar to what we proposed," Wal-Mart attorney Theodore Boutrous Jr. said.

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OPERATIONS

Pantry CEO steps down

BY Staff Writer

Cary, N.C. — The Pantry said Monday that CEO Terrance M. Marks plans to resign within two months.

In a statement, Marks said that his decision was driven by personal reasons, and that he had accepted "an opportunity that will enable me to return to my home and family in Atlanta."

The chain’s board of directors has formed a committee to find a new CEO. Marks will stay on for up to 60 days to help with the transition. Board chairman Edwin Holman will serve as interim CEO after Marks leaves, in line with a previously adopted plan.

Marks’ departure is the latest in a series of leadership changes at The Pantry: In May the company announced that its operations VP was leaving, and in June it announced a new general counsel.

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OPERATIONS

Starbucks in settlement on overtime pay

BY Staff Writer

Seattle — Starbucks Corp. agreed to pay nearly $1.6 million to cafe managers and their lawyers to settle a dispute concerning overtime pay, the Associated Press reported.

The lawsuit was filed in 2009 in U.S. District Court in South Florida by a former Starbucks employee and covered roughly 550 managers.

The store managers, who often work side-by-side with other cafe employees, had argued that Starbucks wrongly classified them as exempt from overtime pay. In their complaint, they said they should be compensated with overtime pay when they work more than 40 hours per week.

In a settlement reached this month, Starbucks agreed to pay $613,680 to the managers represented in the case and $950,000 in attorney’s fees and expenses.

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