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Wal-Mart agrees to $5 million settlement of jobs suit

Wal-Mart agreed to pay $5 million to settle a lawsuit filed by hourly wage employees accusing the world's largest retailer of failing to make profit-sharing and retirement-plan contributions. The accord resolves a 2007 lawsuit filed by a Wal-Mart worker in Philadelphia, Robert J. King, who accused the company of engaging in "time shaving," reducing the number ...

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