Warner Music Group Settles Lawsuit Over Wages For Interns
June 11, 2015 at 3:54 AM (PT)
WARNER MUSIC GROUP has settled a lawsuit over paying interns nothing -- or less than minimum wage -- and will pay hundreds of former interns more than $4.2 million to resolve the class-action lawsuit.
WMG said in a statement that it was pleased to settle.
"We continue to stand by our internship program as an invaluable educational experience for students looking to obtain hands-on, real-world training," it said.
REUTERS reports, "The settlement requires court approval, and covers interns who were paid nothing or less than minimum wage, in periods dating as far back as JUNE 2007 for those working in NEW YORK. WARNER MUSIC, owned by billionaire LEN BLAVATNIK's ACCESS INDUSTRIES, reserved the right to terminate the settlement if the number of claimants exceeds 1,135, according to court papers. Lawyers for the interns may seek up to 18.6% of the settlement amount as attorney fees, or $787,500."