PetSmart Inc. has reached a proposed $1 million settlement with a class of 1,100 former employees who received severance wages in the form a money network paycard, according to a motion filed Jan. 12 in California federal court.
The proposal calls for the national pet products retailer to pay a gross settlement fund of $1 million, of which approximately $570,000 will be distributed between class members to recover final wages that were lost to fees incurred from using the ATM-like cards.
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