By Reuters Published: November 23, 2006, 8:15 AM PST
IBM said on Wednesday it agreed to pay $65 million to settle a class-action lawsuit alleging it unlawfully withheld overtime pay from some employees. The settlement, which still must be approved by a U.S. federal court judge, allows workers in IBM's technical services professional and information technology specialist job categories to apply for payment according to a formula.
IBM said it decided to settle the case without admitting wrongdoing or liability. It set aside a provision for the settlement in the third quarter of this year.
Source: news.com
IBM agrees to pay $65M to settle overtime suit
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BlindG
- Posts: 787
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cs_cdkey4
- Dodgy
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- Joined: Mon Dec 12, 2005 7:54 am
lol.... well if u decide to payout then my 1st impression is u got busted.......
do they really think by not admitting guilt but paying out the lawsuit ppl wont think they're guilty....
nice to see the big companies caving in to the common blue collar stiff doin overtime to pay his kids school fees.....
do they really think by not admitting guilt but paying out the lawsuit ppl wont think they're guilty....
nice to see the big companies caving in to the common blue collar stiff doin overtime to pay his kids school fees.....
To weasel out of work is what seperate's us from the animals.. well except the weasel....
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