Apple Settles Engineers' FLSA Suit For $1M

Law360, New York (January 22, 2010, 2:28 PM EST) -- Apple Inc. has agreed to fork over nearly $1 million to resolve allegations that the technology leader failed to pay its network engineers proper wages and overtime.

Plaintiffs in the wage-and-hour class action on Thursday filed a motion asking the U.S District Court for the Northern District of California to approve the $990,000 settlement.

The sum includes $247,500 for class counsel and $10,000 each as a class representative service award for lead plaintiffs David Walsh and David Kalua.

Despite agreeing to the settlement, Apple has denied...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.