HOUSTON—Federal officials say Kinder Morgan Inc. has agreed to pay more than $800,000 to settle allegations the Houston pipeline company violated rules on bonuses and other compensation.
The Department of Labor said Tuesday the agreement involving more than 4,600 current and former employees settles a lawsuit the agency filed against the company and a subsidiary, Kinder Morgan Energy Partners LP.
The lawsuit followed an investigation of 11 Kinder Morgan locations in Arkansas, Colorado, Louisiana, North Dakota and Texas.
Labor officials say overtime rates weren’t properly calculated into bonuses, some employees weren’t paid for pre-shift meetings and workers’ hours were improperly rounded to benefit the company.
Company spokesman Larry Pierce said it believes it followed the law. He called the lawsuit “unnecessary.”
The agreement awaits a judge’s approval.
