Goldman Sachs to pay $993,831 to Computer Technicians in order to settle Overtime Pay Suit

Tennessee employees and employees all across the country work hard for their pay and they deserve to be paid properly for the hours they work. However, many companies mis-classify their employees so that they are exempt from overtime pay and fail to pay them the overtime they are entitled to for working more than forty hours in a single work week. According to this lawsuit, computer technicians that worked as contractors for the Goldman Sachs Group claim that they are entitled to overtime pay because they worked more than forty hours a week. They claim they worked more than seventy hours a week and that more than one hundred employees were underpaid as a result. They filed a complaint in May of 2010.

The Goldman Sachs Group has agreed to pay $993,831 to settle the lawsuit brought by the computer technicians. According to the filing of the settlement, forty-one computer technicians returned claim forms.

Also according to the filing, “The parties reached the settlement agreement after an arm’s-length mediation held in March 2011.” The Goldman Sachs spokesman declined to comment on the settlement.

Tennessee employees and employees all over the United States face the issue of not being paid properly for their overtime more often than they should. If you or someone you know feels that you have not been paid the overtime you are entitled to or that you have not received the proper amount of overtime pay you were owed, then we strongly recommend that you contact one of our caring and knowledgeable Tennessee employment overtime pay attorneys right away. We care about our clients and will work with you to see to it that you receive the compensation you deserve for all the hours you have worked.