HP To Pay $11.8M To Settle Overtime Suits With IT Workers

By Allissa Wickham (September 22, 2014, 8:03 PM EDT) -- Hewlett-Packard Co. has agreed to pay $11.8 million to settle claims that certain information and telecommunications employees were improperly denied overtime, along with various state law wage-and-hour allegations, according to an agreement filed in New York federal court on Friday.

HP and its subsidiary Electronic Data Systems Inc. — now called HP Enterprise Services LLC — will fork over the money to lay to rest claims that the companies misclassified certain workers as exempt from the overtime provisions of the Fair Labor Standards Act.

If it's approved, the settlement will resolve three suits, two of which were targeted at EDS, and...

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