Wednesday, November 14, 2012

Wal-Mart Settles $4 Million Lawsuit | 5NEWSOnline.com ? Ft. Smith ...

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It?s been three years of vigorous defense but Wal-Mart Stores Inc. agreed to settle a federal class-action lawsuit involving more than 13,500 employees who alleged the retailer?s interference in how worker compensation claims were paid for on-the-job accidents.

U.S. District Judge Robert Blackburn in Denver approved the $4 million settlement from Wal-Mart and $4 million from co-defendant Claims Management Inc. on Tuesday (Nov. 13). The court also ordered four years of injunctive relief where Wal-Mart and CMI agreed to provide training for its workers compensation adjustors.

The case ? Josephine Gianzero v. Wal-Mart Stores Inc. ? ?also involved American Home Assurance Co. and Concentra Health Services in Colorado as co-defendants.

Concentra?s insurer, Lexington Insurance, agreed to pay another $4 million to settle the case.

The defendants each denied all allegations of wrongdoing.

Wal-Mart operates numerous retail stores in Colorado and American Home Assurance provides the company?s workers compensation insurance. Concentra operates medical facilities where Wal-Mart employees received treatment.

The approved settlement allows for $520 payments to more than 13,500 plaintiffs who were treated at a Concentra facility and $50 to those treated at other facilities.

Read the rest of the story from our content partner at TheCityWire.com

Source: http://5newsonline.com/2012/11/13/wal-mart-settles-4-million-lawsuit/

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