
Dec 16, 2005 11:38 pm US/Pacific
Guitar Center To Pay $3.5M In Settlements
WESTLAKE VILLAGE, Calif. (CBS) ―
Guitar Center Inc. announced Friday its plans to settle two class-action lawsuits filed by hourly retail employees in California.
Under the terms of the proposed settlement, which is subject to court approval, the Westlake Village-based music retailer would pay up to $3.5 million to fully resolve the claims.
The plaintiffs' allegations included improper documentation and enforcement of breaks and lunchtime periods, according to Guitar Center.
"While the company denies all liability or wrongdoing in these cases, we chose to settle these lawsuits in order to put them behind us and avoid the distraction and additional, unnecessary legal expenses that we would otherwise incur," according to Leland P. Smith, executive vice president and general counsel for Guitar Center.
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