Litigation & Arbitration
Oct. 27, 2023
HP agrees to pay $18M to settle claims of age bias
According to the preliminary approval motion, the 358 class members will receive on average more than $50,000 in compensation after subtracting attorney fees, costs and expenses. Plaintiffs’ counsel is asking for 25% or $4.5 million in fees.
Accused of practicing age discrimination by replacing older workers with younger employees, HP obtained preliminary approval Thursday for an $18 million settlement to resolve the claims.
U.S. District Judge Edward J. Davila in San Jose found the settlement to be fair, adequate and reasonable.
According to the preliminary approval motion, the 358 class members will receive on average more than $50,000 in compen...
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