The lawsuit by contract representatives claiming that they were denied overtime pay by Bloomberg LP has been resolved, reports Keith Kelly of the New York Post.
Kelly writes, “About 428 employees will be splitting $5.4 million — or a little more than $12,600 apiece, on average.
“Although the settlement was reached last September, workers were still filing for inclusion as plaintiffs in the class-action lawsuit as recently as January.
“The case, adjudicated in Manhattan federal court, was finally closed on March 11.
“At that time, a settlement agreement was acknowledged — but no specifics were spelled out.
“The employees had claimed that they were asked to work over 40 hours a week and more than 10 hours a day without getting paid overtime.”
Read more here.
