YOU ARE HEREBY NOTIFIED that a proposed settlement (“the Settlement”) of the above-captioned class action (“the Action”) filed in the Supreme Court of the State of New York, New York County, has been reached by Richemont North America, Inc. (“Richemont”) and Miyanna Joye (“Plaintiff”), an individual, on behalf of herself and all others similarly situated and has been granted Preliminary Approval by the Court supervising the Action. The Supreme Court of the State of New York, New York County, has ordered that the Class Notice be sent to you because you may be a Settlement Class Member. The purpose of the Class Notice is to inform you of the Settlement of this class action and your legal rights under the Settlement as follows:
- Richemont has agreed to settle a lawsuit brought on behalf of all persons who are or were employed by Richemont in New York during the period from January 31, 2014 through September 23, 2021 (the “Settlement Period”) as an hourly-paid or non-exempt employee (hereafter, “Settlement Class”).
- The proposed Settlement resolves all alleged claims regarding the following wage and hour policies and/or practices of Defendant Richemont North America, Inc., and releases the claims listed on page 4, below: overtime, minimum wage, straight time wage, failure to pay for all hours worked, failure to provide wage notices or statements, or any other penalties of any kind arising from an alleged failure to properly pay wages. The settlement avoids costs and risks to you from continuing the lawsuit; pays money to employees; and releases Defendant from liability for these claims.
- The two sides disagree on whether Defendant is liable for the allegations raised in this case and how much money could have been won if the employees won at trial. Defendant denies that it violated the law.
- Your legal rights may be affected. Read the notice carefully.
If you are seeking information on the Zhang v. Richemont North America matter, please call 844-975-1785.