Lane Bryant Strikes $1.4 Million Wage Deal With Store Managers

Lane Bryant Inc. agreed to pay nearly $1.4 million to resolve overtime claims brought by a group of retail store managers, according to a settlement filed in New York federal court.

The Fair Labor Standards Act collective includes an estimated 900 individuals, who will split about $850,000 in exchange for giving up their New York wage claims.

The deal “represents a significant financial recovery for working people and a difficult payment” for Lane Bryant to make, the plaintiffs said Monday in a motion for preliminary settlement approval. The plus-size clothing retailer, which is owned by Ann Taylor, temporarily closed its ...