Four Named Plaintiffs brought this Class Action Lawsuit on behalf of themselves and a class of similarly situated current and former Wet Seal employees, alleging that Wet Seal discriminated against African-American store management employees. . . . On May 8, 2013, the parties reached a settlement of this employment discrimination class action lawsuit and filed papers with the Court seeking preliminary approval of the settlement. The proposed class consists of all African-American and/or Black persons who worked as store management employees (Store Assistant Managers, Co-Managers, Acting Store Managers, and/or Store Managers) at Wet Seal and Arden B. stores at any time from May 8, 2008 until the date that the Court grants preliminary approval of the proposed settlement. If the Court approves the settlement, Wet Seal will pay $7.5 million, including up to $5,580,000 in payments to eligible class members. The settlement also provides injunctive relief, which means that Wet Seal’s commitment to changes and enhancements to its policies and practices ensure that its policy of equal employment opportunity is available to all and that African-American and other store management employees are not discriminated against on the basis of race and/or color. These include: creating and implementing new job selection criteria and procedures for store management and district director positions, posting store management and district director positions, providing all employees with regular non-discrimination training, partnering with organizations dedicated to the advancement and well-being of African Americans and other groups, and implementing a new Human Resources field compliance team.