Oracle Reaches $115 Million Settlement in Class Action Lawsuit

Settlement Administrator Angeion Group Announces Proposed Settlement

Oracle America, Inc. to Pay $115 Million to Settle Class Action Alleging Wage and Hour Violations

Settlement Administrator Angeion Group has announced a proposed class action settlement involving Oracle America, Inc. The settlement, if approved by the court, will resolve allegations that Oracle violated federal and state wage and hour laws.

The lawsuit, which was filed in 2016, alleged that Oracle failed to pay overtime wages to non-exempt employees, failed to provide meal and rest breaks, and failed to reimburse employees for business expenses. Oracle has denied the allegations but has agreed to settle the case to avoid the costs and risks of continued litigation.

Under the terms of the proposed settlement, Oracle will pay $115 million into a settlement fund. The fund will be used to compensate class members for unpaid overtime wages, unpaid meal and rest breaks, and unreimbursed business expenses. Class members will also be eligible to receive a portion of the settlement fund for emotional distress and other damages.

The settlement is subject to the approval of the court. A fairness hearing is scheduled for [date] to determine whether the settlement is fair and reasonable. Class members will have the opportunity to object to the settlement or to opt out of the class. If the settlement is approved, class members will receive a notice explaining their rights and how to file a claim.

Key Details of the Settlement

• The settlement fund will total $115 million.
• Class members will be eligible to receive compensation for unpaid overtime wages, unpaid meal and rest breaks, and unreimbursed business expenses.
• Class members will also be eligible to receive a portion of the settlement fund for emotional distress and other damages.
• The settlement is subject to the approval of the court.
• A fairness hearing is scheduled for [date].
• Class members will have the opportunity to object to the settlement or to opt out of the class.

What Oracle Employees Should Do Now

If you are an Oracle employee who believes you may be affected by this settlement, you should take the following steps:

• Review the settlement notice carefully.
• Attend the fairness hearing if you wish to object to the settlement or to opt out of the class.
• File a claim for compensation if you believe you are eligible.
• Contact an attorney if you have any questions about the settlement.

Additional Resources

For more information about the settlement, please visit the settlement website at [website address].

You can also contact the Settlement Administrator at [phone number] or [email address].