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For its part, Charter has denied any liability under the settlement, claiming that it has maintained an appropriate and proper payment structure for all of its employees.
"We settled this lawsuit to remove the distraction and expense that comes with preparing a case like this for trial," Greg Doody, Charter's executive vice president and general counsel, told the press. "Our technicians are critical to providing a superior experience for our customers and we need them to be focused on what is most important - taking care of our customers."
Charter is currently listed as the fourth-largest cable operator in the country, according to the St. Louis Business Journal.