SmarTrend(R) News Watch: Wal-Mart ordered to pay $6.5 million in Labor Law Suit

Tue. July 01, 2008; Posted: 01:50 PM

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Jul 01, 2008 (SmarTrend(R) News Watch via COMTEX) -- WMT | Quote | Chart | News | PowerRating -- Today, a Minnesota state judge ruled against the world's largest retailer, Wal-Mart Inc. (NYSE:WMT) in a wage-class action suit. WMT was ordered to pay $6.5 million to its hourly employees for requiring them to work off the clock during training and not allowing them to take full rest and meal breaks. Wal-Mart must come to trial again to determine the amount they will have to pay in damages facing up to $1000 per every one of its 2 million violations, meaning the company could be charged an additional $2 billion in damages alone. Wal-Mart is considering an appeal.

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For full details on Wal-Mart Stores Inc (WMT) click here. Wal-Mart Stores Inc (WMT) has Short Term PowerRatings of 5. Details on Wal-Mart Stores Inc (WMT) Short Term PowerRatings is available at This Link.

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