Wage Law

Siebel Systems, Inc. has agreed to pay up to $27.5 million to settle an overtime class action complaint filed on behalf of its software engineers. The settlement has been preliminarily approved by San Mateo Superior Court Judge Marie Weiner, and awaits final approval in late April 2007. The settlement affects approximately 800 California employees with the job title "software engineer" or "senior software engineer" who worked for the company between 2000 and 2005. A typical employee who worked throughout the claims period is expected to recover as much as $27,000.