ZipRealty Pays $5M To Settle Calif. Agents' Wage Claims

Law360, Los Angeles (October 1, 2012, 8:22 PM EDT) -- Real estate company ZipRealty Inc. has agreed to pay $5 million to resolve allegations that it failed to pay minimum wages and overtime to nearly 2,700 California real estate agents, the state’s labor commissioner announced Monday.

California labor commissioner Julie A. Su said Monday that ZipRealty will pay $4.8 million to 2,670 real estate agents across the Golden State, along with $200,000 in attorneys’ fees and costs to the state Department of Industrial Relations, which sued the company over the unpaid wages in September 2011. ...
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