$65 Million Class Action Lawsuit Settlement by IBM
IBM has agreed for a $65 million class action settlement which was filed in the US District Court in San Francisco on behalf of three employees, who claimed that they were not compensated for working overtime above their 40-hour work week and also on weekends.
The case was brought as a result of IBM’s classification of “Technical Services Professional and Information Technology Specialists” as highly skilled professionals that it alleged were exempt from US overtime laws pursuant to legislation known as the US Fair Labor Standards Act and also under California labour laws. The plaintiffs claimed that they were unfairly labelled by IBM and should have been paid overtime.
In concluding, IBM stated that “during its 90-year history as a major employer in the US, it has a long-standing and proven track record in accurately and appropriately paying many hundreds of thousands of employees. IBM continues to believe that its payment practices are fair and comply with all applicable laws and regulations.”
Filed under Class Action, General Law, Settlements
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