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Taco Bell Agrees to Pay $1.5 Million

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From Associated Press

Taco Bell reached a $1.5-million settlement with about 1,000 former employees who had sued claiming overtime and meal-break violations at restaurants in Oregon.

The employees will be paid an amount of the settlement based on their length of employment at the fast-food chain, said a spokeswoman for the plaintiffs.

The company did not acknowledge any wrongdoing with the settlement.

The lawsuit, filed in 1997, was certified as a class action in 1999. “We’ve agreed to settle on damages to avoid further costs and uncertainties,” Taco Bell spokeswoman Laurie Schalow said.

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Taco Bell is a unit of Yum Brands Inc., whose shares fell 27 cents to $28.80 on the NYSE.

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