Early this week, Condé Nast won preliminary approval from a federal judge to pay $8.5 million to settle a class action suit by numerous ex-interns who said the publisher paid them too little.
The settlement, which made its way to the public spotlight, is applicable to over 7,500 interns who worked with a number of magazines which include Vogue, the New Yorker, and Vanity Fair.
Ex-interns who were employed at Condé Nast from June of 2007 until now expect to receive payments ranging from $700 all to $2,000.
With the granted preliminary approval, U.S. Judge Henry Pitman from Manhattan indicated the payment to be reasonable enough, saying an estimate conducted by the attorneys of the interns went above 60% of the predicted unpaid earnings.
Outten & Golden, a law firm representing the interns, is planning to go for legal fees amounting to $650,000 or 11% of the settlement fund.
Pitman scheduled the fairness hearing on June 22, 2015, to consider a final approval of the proposed settlement.
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