IBM To Pay $7.5M To Settle Techies' OT Action

Law360, New York (October 19, 2009, 5:02 PM EDT) -- IBM Corp. has agreed to pay $7.5 million to settle a putative class action accusing the technology behemoth of failing to provide proper overtime wages to thousands of its technical support employees.

The company and the plaintiffs filed a joint motion Friday in the U.S. District Court for the Southern District of New York seeking approval for the settlement, which could be doled out to more than 6,000 class members.

The parties also asked the judge to certify the suit as a collective action under the...
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