7-Eleven says it has so far spent $50m improving its business. (ABC News: Margaret Burin)
It is unclear how much exactly from the $98 million settlement will go directly to the class action
claimants.
The amount that will be taken out of this head sum for legal fees and litigation funders has not yet been
decided by the courts.
Lawyer Stewart Levitt told the ABC it was expected the claimants would wind up with about $55 million
to $60 million.
That cash will need to be shared by entities encompassing up to 600 stores, with the head claimants to
get a bigger chunk of the cash.
Not all of the 600 stores are expected to make a claim. However, going by the numbers many will not take
away more than $100,000 each.
The anonymous franchisee told ABC said they would be using whatever they got from the settlement to
pay off their still-outstanding mortgage.
"We have been working so hard for so many years to pay all the bank loans," they said.
7-Eleven says 'wage theft cannot occur again'
Since 2016, 7-Eleven has paid back more than $170 million to staff who worked in franchised stores, and
spent $50 million in operational improvements.
In a statement today, 7-Eleven Australia said that investment had resulted in improved technology,
systems and processes.