TAMPA, Fla. (Legal Newsline) – Lowe’s has agreed to pay $9.5 million to end a class action lawsuit alleging its human resources managers were not classified as managers and were exempt from overtime pay requirements.

Lizeth Lytle and Lowe’s Home Centers Inc. entered into the settlement in which the defendants will establish a fund against which Lytle and other similarly situated individuals may file claims in exchange for their release of certain defined claims, according to the settlement document, which was filed Aug. 22 in the U.S. District Court for the Middle District of Florida.