An Alameda County judge signed off on a $35 million settlement between Oracle and a class of 1,700 former and current employees who say they were illegally denied overtime pay.
Laura Ho, of Oakland’s Goldstein, Demchak, Baller, Borgen & Dardarian, said the award will provide “substantial compensation” to a class made up of three categories of Oracle employees who had been allegedly misclassified as exempt by management. Ho estimated that each class member will receive about $14,000.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
