The parties reached a settlement of this matter on September 21, 2023, that has been preliminarily approved by the Court.
After deductions for (i) settlement administration costs, (ii) payroll taxes (excepting employer-side payroll taxes), (iii) the class representative’s incentive award, and (iv) attorneys’ fees and costs, the total amount of money available to be paid to Settlement Class and FLSA Settlement Collective members under the settlement is approximately $950,000.00. Individual settlement amounts are based upon the number of workweeks of 39.5 hours or more that you worked for Defendant as an hourly-paid security professional during the Class Period of July 26, 2019 through January 5, 2024, and each individual will receive a minimum settlement payment of $50.00.