Novartis Reps Strike $175M Deal To End Sex Bias Case

Law360, New York (July 14, 2010, 6:18 PM EDT) -- Plaintiffs who accused Novartis Pharmaceutical Corp. of discriminating against thousands of female sales representatives agreed to a settlement valued at $175 million on Wednesday, two months after a jury issued a $250 million verdict in their favor.

Judge P. Kevin Castel of the U.S. District Court for the Southern District of New York preliminarily approved the settlement and conditionally certified a class of up to 5,600 current and former female sales employees who worked at Novartis beginning in 2002.

The 66-page agreement, which stipulates a cash...
To view the full article, register now.