Sprint Nextel Pays $57M To Settle Discrimination Suit

Law360, New York (May 18, 2007, 12:00 AM EDT) -- Sprint Nextel Corp. has agreed to pay $57 million to put to rest a long-standing age discrimination class action, according to a proposed settlement filed in district court Thursday.

Under the terms of the settlement, which was filed in a motion for preliminary approval in the U.S. District Court for the District of Kansas, the money will go to the 1,697 former employees who claimed that they were unfairly fired because of their age. The class in the case includes employees age 40 and older who...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.