www.sourcesettlement.com – Source Refrigeration Class Action Settlement

Source Refrigeration Class Action Settlement

  • If you were employed as a repair technician for Source Refrigeration and HVAC, you could potentially receive compensation from a class action settlement.
  • The settlement will pay $10,000,000 to the class action pool.
  • A federal court has authorized this transaction.

The class action lawsuit Galeener v. Source Refrigeration & HVAC, Inc. is over an issue that claims Source Refrigeration violated both state and federal law when they did not pay their employees for standby time and that they miscalculated their rate of pay for overtime worked. The court could not make an initial decision. To avoid the cost, time, and uncertainty of further legal proceedings, both parties reached a settlement agreement that will compensate the affected employees. Several aspects are being considered, including under calculated overtime pay, under paid time when employees were on “standby” between calls, the amount of revenue that Source Refrigeration benefited by not paying that money, meal and rest breaks that were not provided (only in the state of California) and any applicable penalties and interest.

  • If you choose to enter this settlement, you will not be charged for the lawyers’ work, but the lawyers will receive a percentage of the total amount paid out.
  • This suit affects both current and former employees who were hourly paid technicians that worked at least one week for Source Refrigeration & HVAC, Inc. in the state of California between October 29, 2009 and August 20, 2015, and who worked from October 29, 2010 to August 20, 2015 for at least one week in any other state.
  • If you are a member of the class action suit who does not opt out, and the settlement is approved, you need to do nothing. A check will be mailed for your share before the end of 2015.
  • By staying in the class action suit, you lose your right to sue as an individual in this matter.

If you receive a check, your payment will be considered taxable income. 50% of your settlement will be unpaid wages, meaning payroll tax deductions will be taken out. 50% will be interest, liquidated damages, and penalties, so there will be no payroll taxes will be taken out of that amount. You will receive a W-2 for the portion considered wages, and a 1099  form for the portion considered interest, damages, and penalties.

Contact information

A team of several attorney groups is in charge of administering this settlement. They can be contacted several ways:

Citations

  1. www.sourcesettlement.com