Magazine publisher Condé Nast has settled a class action lawsuit with two former interns for a “Maximum Settlement Amount” of $5,850,000.
Former interns Lauren Ballinger and Matthew Leib brought the suit with law firm Outten & Golden, which will earn $650,000 from the settlement. The two plaintiffs have requested $10,000 a piece “in recognition of the services they rendered to the Class and any risks they incurred.” Plaintiffs brought suit claiming the publisher violated the Fair Labor Standards Act by having interns work full time with no educational training and below minimum wage pay.
Approximately 7,500 interns at Condé Nast titles, like Vanity Fair, Vogue and The New Yorker, were represented in the lawsuit over a wage dispute. Class members will get a payout each of between $700 and $1,900.
Other intern disputes with Fox Searchlight and ICM Partners are still in contention.
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