Fastenal Co. will pay $10 million in a class action settlement to former employees who sued the company last year for unpaid overtime wages and work-break pay. It’s unclear how many people will be paid as a result of the settlement, but according to estimates by a lawyer for the Plaintiffs more than 2,000 current and former employees of the Winona, Minnesota-based industrial supplies seller may be entitled to back pay from as far back as 2003. Two former assistant general managers of Fastenal stores in California and Pennsylvania filed the lawsuit last October in a federal court in California. Their classifications exempted them from state and federal overtime laws, but they claimed their actual, non-managerial work duties entitled them to overtime pay.
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