Dollar Tree 2015 Annual Report Download - page 78

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62
In 2012, a former assistant store manager, on behalf of himself and those alleged to be similarly situated, filed a putative
class action in a California state court, alleging the Company failed to provide rest breaks to assistant store managers. The
class was decertified in 2015 and the case has now been resolved.
In 2013, district attorneys in California initiated an investigation of whether the Company properly disposed of certain
damaged retail products under Federal and California state environmental law, primarily the Resource Conservation and
Recovery Act. The Company settled this matter in 2015 and has fully paid the settlement amount.
In 2014, several shareholders of Family Dollar filed class actions, which were consolidated into one class action, in
Delaware chancery court against Family Dollar’s CEO and board members alleging breach of fiduciary duty. Dollar Tree and
Family Dollar were also named as defendants for allegedly aiding and abetting the other defendants. The Delaware Chancery
Court and appellate court refused to issue an injunction against the Family Dollar shareholder vote in favor of the Acquisition.
The case was dismissed in August 2015 and was settled for an immaterial amount.
In 2015, a lawsuit was brought as a collective action in Florida Federal Court on behalf of the plaintiff and other similarly
situated Family Dollar store managers alleging the store managers are misclassified as being exempt from overtime under the
FLSA. Based on the standard Family Dollar arbitration agreement, the court compelled plaintiff to arbitrate her individual
claims and dismissed the collective action.