Byline: John Gallagher
Mar. 13--Easy approval is expected Thursday when a judge reviews Ford Motor Co.'s proposed $10.5-million settlement of two class actions stemming from the automaker's controversial and now-abandoned manager evaluation system.
Under terms reached last November, about 500 current and former mid-level managers would receive $5,000 to $100,000 each, minus attorney fees. The payments are meant to reimburse workers for raises, bonuses or promotions they did not receive.
About 80 percent of the class members who were not active in the two lawsuits would get $5,000 or $14,000, depending on factors such as whether they took a buyout offer. Of the ...