Legal Question in Employment Law in Iowa

From March 2011-Jan 2012 i worked for a local bar and restaurant as their promotions manager. This job required significant day-time hours to handle the organizing and promoting as well as my presence at the bar in the evenings to facilitate and supervise etc. which means I worked for 8-12 hours per day 5-7 days per week. Not only was I misclassified as an independent contractor and issued a 1099, but for that period of employment I only received a wage of $250/week!! This wage was agreed upon as a trial period wage and in July we were to meet and discuss the profit/loss and I would begin to receive raises upon regular review...in every meeting I was told the money was not available and in each subsequent monthly meeting, my raise was put off for another month and ultimately never happened!! Mid Jan in addition to managing promo n events I became the overall bar manager working 8-16 hour days and more in extreme cases. I was the contact person for any needs/problems regardless of time/day including being able to come in after 2/3am if probs w closing duties. So, in researching how to handle my former employers refusal to issue a w2 I realize that I was not paid a fair wage according to labor laws...not even close!! is this a case I should pursue? How time/energy intensive is a process like this to resolve?

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