For many years, the traditional practice has been that settlements of claims brought, and waivers of claims arising, under the FLSA required approval either from the Department of Labor or a court.
http://www.jdsupra.com/post/documentViewer.aspx?fid=85e3ac31-56e2-4648-b080-fa4d94869acf
http://www.jdsupra.com/post/documentViewer.aspx?fid=85e3ac31-56e2-4648-b080-fa4d94869acf
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