Morton's Restaurant Group, Inc. Announces Settlement of Certain Wage and Hour Claims

CHICAGO, July 23 /PRNewswire-FirstCall/ -- Morton's Restaurant Group, Inc. (NYSE: MRT - News) announced today that agreements have been reached to settle certain wage and hour claims against the Company and certain of its subsidiaries. The settlements involve claims filed against the Company as far back as 2003 and cover all of the remaining wage and hour litigation pending against the Company and its subsidiaries, including a nationwide class action filed in 2005. While the Company and its subsidiaries deny allegations underlying the claims, they have agreed to the settlements to avoid additional legal fees, uncertainty surrounding the litigation and the management time that would have been devoted to continued litigation. The settlements are subject to respective arbitrator and court approvals.

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