CBS Settlement With Unpaid Interns OK'd In NY

By Jack Newsham (June 7, 2018, 12:58 PM EDT) -- Hundreds of former unpaid interns at CBS News, CBS Radio and Simon & Schuster will receive $185 apiece in a labor settlement approved by a New York state court on Thursday, with the judge calling the deal a "fair result" in light of several court decisions that cut against interns and in favor of employers.

Although the CBS Corp. subsidiaries face a maximum liability of about $463,000, so few interns ended up filing a claim — just 255 out of 1,358 interns identified by the defendants — that only $47,175 in claims will be paid out, plus $3,000 to each of...

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