Condé Nast agreed on Thursday to
pay $5.8 million to settle a lawsuit brought by 7,500 former interns at the
publisher who said they were underpaid for work at the company's high-end
magazines.
Last year, two former interns at
magazines owned by Condé Nast filed a
class-action lawsuit for underpaying them and thousands of other interns,
dating back to 2007, in violation of labor law. The lawsuit was filed just two
days after a judge found that Fox Searchlight Pictures violated labor laws when
it used unpaid interns for production tasks.
Condé
Nast reacted to the lawsuit by revamping its internship program in order to
meet legal requirements. This move was complicated by the fact that they had
recently stopped giving stipends to their current interns. The publisher
ultimately cancelled their 2014 internship program.
Former interns
who worked at Condé Nast as far back as June 2007 should receive payments
between $700 and $1,900.
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