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Electronic Arts Settles Overtime Suit For $14.9 Million
Software engineers at Electronic Arts on Tuesday won $14.9 million from the world's largest video-game publisher in a settlement of a California class-action lawsuit over unpaid overtime. It's good to see people getting paid finally!
Under the settlement, some of the engineers -- the entry-level programmers -- will be reclassified as hourly workers, making them eligible for overtime pay. They will also get a one-time grant of restricted company stock, but will no longer receive stock options or bonuses. The settlement money will go to programmers at various levels who worked at EA between Feb. 14, 2001, and Feb. 14, 2006. The agreement, which must be approved by the San Mateo County Superior Court, follows a similar $15.6 million settlement EA reached in October with computer-graphic artists.
Posted by | Wed, Apr 26, 2006 - 07:55 AM
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