Gerson Strikes Deal With Research Associates On OT Pay

Law360, New York (November 9, 2011, 3:09 PM EST) -- Consulting firm Gerson Lehrman Group Inc. on Tuesday agreed to pay $900,000 to resolve a class action brought by research associates who claimed they were misclassified as exempt from overtime pay requirements.

The parties filed a joint motion asking a New York federal court to preliminarily approve a settlement that would dispose of the plaintiffs' claims that the firm improperly refused its research associates overtime pay in violation of the Fair Labor Standards Act and state labor laws.

The motion also asks the court to certify...
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