Hours and wages lawsuit settled for $99 million

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Anonymous said:
Do I understand this correctly? If you worked for Novartis let's say between 2005 and 2011, are no longer with the company, not in NY or CA, did not receive the paperwork to opt in, you will still be included in the lawsuit?

Also if you didn't finish out a year do they prorate the payment?

Are they only paying out up to 2007?
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You will get something. You will receive a letter in late Feb with all the details.
Don't bank on a big check like the gender lawsuit but anything will be better than nothing i guess
 






Heres how the payout works. If you were over $100,000 in salary you will get $1500. Any salary less than $100k you will get $750. This is a fact that I confirmed with the law group handling the case.
 












Well, maybe it will pay for a really nice dinner for my husband and I. It will help make up for all of the times I missed dinner with my family whilst I was doing my expense report.
 






Anonymous said:
Heres how the payout works. If you were over $100,000 in salary you will get $1500. Any salary less than $100k you will get $750. This is a fact that I confirmed with the law group handling the case.
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Nice try, but the math doesn't work. Since it is a $99 million settlement and we will say the lawyers get 40%, the payout pot is 59.4 million dollars. If indeed those that make over $100,000 in salary (I assume bonus is not factored in, as you, someone in the know, does not mention that) get $1500 per person, and those that earn less than $100,000 per year get $750 per person, the numbers don't work because........

Let's assume there are less than 1000 qualified for the higher payout, probably a good bit less but we will call it 1000; that would be 1000 x $1500 or 1.5 million. We will also say that there are 7000 qualified for the lower payout, that would be 7000 x $750 or 5.25 million. So you have a total payout of 6.75 million out of a payout pool (after the lawyer cut) of 59.4 million? What happens to the other 50 million plus?

Now perhaps if the payout you said is per year, that may make a little more sense, but that would only take a maximum of 40 million out of the pool and that assumes everyone worked every year included in the computations and that is not the case, so under this scenario of yearly payouts, only about 30 million or less is made in payments.

Another possibility is that you misheard, and the payout is $15000 per person over 100k in salary and $7500 for those under 100k. The payout would then be 15 million for one group and $52.5 million for the other group. Since my employment numbers are high, this would really be close to the payout poll, and at least seems plausible. However should everyone in each of the two groups get the same amount especially as some would have a high payout based upon a relatively short employment time and others would have the full employment during the entire period being looked at? I wonder about that.

The 3rd and perhaps most believable possibility is you made up your compensation numbers. This is the most likely scenario.
 






Anonymous said:
Heres how the payout works. If you were over $100,000 in salary you will get $1500. Any salary less than $100k you will get $750. This is a fact that I confirmed with the law group handling the case.
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No you did not you fucking tool. By now we've all received the email reply back from the law firm. No inclusion names or amount paid.

A good assumption for those employed the entire time during that time period is 10k, give or take a grand.
 






Anonymous said:
Heres how the payout works. If you were over $100,000 in salary you will get $1500. Any salary less than $100k you will get $750. This is a fact that I confirmed with the law group handling the case.
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THIS IS BS. I contacted the law firm and they sent me the same form email that the above poster put on here. They don't have any specific info esp on PAYOUT
They will have a formula that depends on how many months you worked during the period of the suit
Same as the gender class action suit.
 






This thread continues to get better. The firm has already stated that the agreement was reached in a manner than everyone gets something. They also talked about a formula that will be used. If you were employed the entire time, you will get more money. People just wait until the letter is sent out on February 24th. All this ridiculous speculation is nothing more than speculation.
 






Anonymous said:
This thread continues to get better. The firm has already stated that the agreement was reached in a manner than everyone gets something. They also talked about a formula that will be used. If you were employed the entire time, you will get more money. People just wait until the letter is sent out on February 24th. All this ridiculous speculation is nothing more than speculation.
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I think my speculating is just going to lead to more speculation. If i speculate anymore i'm gonna bust. Although I did just get done speculating all over my girlfriends face.
 






Anonymous said:
No you did not you fucking tool. By now we've all received the email reply back from the law firm. No inclusion names or amount paid.

A good assumption for those employed the entire time during that time period is 10k, give or take a grand.
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Mark my words...this is the payout, you will see. I'll accept your apologies when you get your checks.
 
















































Anonymous said:
I never received paperwork to opt in. Would clearly remember seeing paperwork for this. So therefore, how can they prevent us (reps) from being paid if it is a CLASS ACTION suit.... That would include everyone.
Seems like they would be setting themselves up for potential problems by not paying everyone. Surely I'm not the only person who didn't receive the paperwork????
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YES! I agree. Well said. There has to be a provision for this as it is clearly unfair. If it is not mandatory to change your address with Novartis everytime you move , regardless if you are still employed there, then they cannot expect the "opt in" period to be fair if you were not given a chance to "opt in".

If we are excluded, there will surely be a period which you can CONTEST the settlement with the magistrate just like the other class action. At this time, we would need to speak up Loudly if we were not included.
 






Anonymous said:
Will this include those employees who were there during that time period but laid off in December of 2010???
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I just went throuth this rigamarole yesterday. I do not live in CA, or NY, I live in a neighboring state (for which one of the states mentioned was part of my territory) and worked at least one (1) day in that state, as explained in the subclasses of inclusion. I, too do not remember receiving or acting on any legal notice for opting in/out, etc. so my concnerns were around timely opting in. Doesn't actually say you had to have LIVED in these states, just that you worked at least 1 day in them. I would only expect that when it comes down to it, it will be based on the extent of time spent between the 2002-2007 time affected.

I called the US dept of labor, who directed me to the courthouse in NY where the decision was made. I spoke directly with Judge Crotty's assistant, who provided me with the contact information for the legal asst at stanford wittels and heisler handling the case. I got called back within 20 minutes. She explained to me that the week of 2-24 that notices will be sent out in the mail again to everyone. The way the lawsuit is set up, is that most people will have some way of being able to participate. I would contact the law office and make sure your information is up to date. They will ask for your address and email. If by the 2nd week of March you have not received anything, you can call their office to follow up.

Good luck everyone!
 






Anonymous said:
I just went throuth this rigamarole yesterday. I do not live in CA, or NY, I live in a neighboring state (for which one of the states mentioned was part of my territory) and worked at least one (1) day in that state, as explained in the subclasses of inclusion. I, too do not remember receiving or acting on any legal notice for opting in/out, etc. so my concnerns were around timely opting in. Doesn't actually say you had to have LIVED in these states, just that you worked at least 1 day in them. I would only expect that when it comes down to it, it will be based on the extent of time spent between the 2002-2007 time affected.

I called the US dept of labor, who directed me to the courthouse in NY where the decision was made. I spoke directly with Judge Crotty's assistant, who provided me with the contact information for the legal asst at stanford wittels and heisler handling the case. I got called back within 20 minutes. She explained to me that the week of 2-24 that notices will be sent out in the mail again to everyone. The way the lawsuit is set up, is that most people will have some way of being able to participate. I would contact the law office and make sure your information is up to date. They will ask for your address and email. If by the 2nd week of March you have not received anything, you can call their office to follow up.

Good luck everyone!
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If you attended training in NY for the company or drove up there for a business meeting wouldn't that be considered working a day in NY?
 






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