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The dramatic rise in the monetary value of the top workplace class action settlements was just one factor contributing to soaring class-action settlements. (Photo: Shutterstock)

The number of class-action rulings and dollar amount of settlements reached soared in 2017, according to Seyfarth Shaw LLP’s 14th annual Workplace Class Action Litigation Report, and settlements reached in 2018 look likely to continue to cost employers more.

According to HRDive, not only did the number of class-action rulings hit a record, at 1,408, but wage and hour settlements alone accounted for a combined $1.2 billion out of the total of $2.72 billion.

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