NEW YORK, Jan. 3, 2011 /PRNewswire/ -- More than 300 employees will receive $1.3 million from Madison Square Garden in a settlement agreement filed today in federal court. The settlement will bring to an end a class action lawsuit brought in federal court in Manhattan in 2009 by four security officers claiming that since 2003 Madison Square Garden willfully failed to pay its security officers time and a half for all the overtime they worked.
The settlement will bring money to 305 current and former Garden employees based on their undercompensated overtime work.
"It is a shame, particularly in these recessionary times, that hard-working breadwinners have to sue their employers to get paid wages that federal and New York State law guarantees them," said Robert A. Meister of Pedowitz & Meister LLP, the plaintiffs' New York City attorneys.
The settlement is subject to approval by Judge Laura Taylor Swain of the federal district court in Manhattan, where the lawsuit, Castagna et al., v. Madison Square Garden, L.P., is pending.
SOURCE Pedowitz & Meister LLP