Workers United announced that a $22.75 million settlement agreement has been reached in the class action overtime lawsuit, Veliz v. Cintas Corp. (CTAS). Uniform delivery drivers' suit, filed in 2003, alleged Cintas misclassified thousands of their route drivers as exempt employees in order to avoid paying overtime required by state and federal laws.
Attorneys for the plaintiffs, Altshuler Berzon LLP, are notifying plaintiffs that the general terms of settlement had been reached. However, a frame work for allocation of funds is still being worked on and it will still be months before the final settlement agreement is approved by the court.
Workers United, SEIU is a union of 150 thousand workers in the US and Canada who work in the laundry, food service, hospitality, gaming, apparel, textile, manufacturing and distribution industries.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.