Monday, November 27, 2006

IBM settles overtime lawsuit for $65 million

IBM agreed to pay $65 million to 32,000 to settled a federal class-action lawsuit over overtime pay.

The law suit, brought by U.S. District Court in San Francisco on behalf of three employees, claiming they were were illegally exempted from overtime under the Fair Labor Standards Act and certain state laws.

The suit involves 32,000 workers who are classified as "Technical Services Professional and Information Technology Specialists".

IBM chose to resolve this case "without admitting any wrongdoing or liability, for a total of $65-million".

1 comment:

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