The City of New York has agreed to pay nearly $600,000 to resolve a lawsuit accusing police officers of falsely arresting Occupy Wall Street participants who were walking on a sidewalk in the East Village on New Year’s Day 2012.

Lawyers for the plaintiffs said on Tuesday that the settlements were the biggest yet connected to claims stemming from Occupy Wall Street. Officials from the city’s Law Department and the Office of the Comptroller could not immediately verify that assertion, saying they do not track Occupy settlements as a category.

Last year, the city agreed to pay $230,000 to resolve a suit stemming from the loss or destruction of books from the Occupy Wall Street library. A group called Global Revolution was also paid $75,000 for lost computer equipment. Other lawsuits are pending, including a class-action claim stemming from the arrests of about 700 people while they marched on the Brooklyn Bridge roadway on Oct. 1, 2011.

The lawsuit stems from the morning of Jan. 1, 2012, after a turbulent evening at Zuccotti Park, where hundreds of protesters gathered, some dismantling metal barricades ringing the park and scuffling with police officers. After the police cleared the park, about 200 protesters marched to the East Village, accompanied by a large number of officers on foot and in vehicles.