Rubio's Restaurants to Pay $7.5 Million to Settle Overtime Class Action
March 23, 2007
According to a SEC Form K-8 filed by Rubio's Restaurants, Inc., the company will pay $7.5 million over 36 months to settle a consolidated class action lawsuit filed in Orange County Superior Court on behalf of current and former general managers and assistant managers who were classified as exempt executive employees. One third of the settlement will be paid within 65 days after the court's final approval of the settlement and dismissal of the case; another third will be paid within 18 months; and the last third shall be paid 36 months after final approval. An additional interest charge of $337,500 will be paid with the final installment. The case, filed in 2001, was scheduled to go to trial in June 2007. The settlement is subject to approval by Orange County Superior Court Judge Thierry Colaw.
when are we going to get paid?
Posted by: Andrew | July 23, 2007 at 09:28 AM
I was an employess with Rubio's during 05-05 to 10-06 I was never informed of this lawsuit in any way. I was hired on as an Asst. Mgr. Can someone contact me reguading this issue.
Posted by: Tawna Smith | October 15, 2007 at 12:50 PM
We are not involved in that case and no one from our office will be contacting anyone, sorry.
Posted by: michael walsh | October 15, 2007 at 12:59 PM