Legal Experts Weigh In
Plaintiffs’ attorney Michael Palmer from Sanford Heisler Sharp McKnight LLP expressed his satisfaction with the settlement, calling it a “compromise and settlement of highly disputed claims” that finally closes the chapter on years of litigation. He noted, “We are extremely pleased by this settlement, which brings to conclusion nearly a decade of litigation.”
Co-counsel Xinying Valerian of Valerian Law PC added, “This settlement is a testament to the dedication of our clients who have invested years of their lives to achieving this outcome.” Meanwhile, Laura Ho, another co-counsel, emphasized the importance of the plaintiffs’ actions in enforcing California’s labor laws, saying, “This settlement shows the importance of these two former employees stepping forward.”
Oracle’s Response: No Comment Yet
Representatives from Oracle have not yet responded to requests for comment, but the settlement signifies a significant resolution to what has been one of the most talked-about labor disputes in the tech industry in recent years.
The settlement will compensate those affected from two specific class periods: July 24, 2014, to Sept. 18, 2015, and Oct. 30, 2016, to Feb. 9, 2018. It includes up to 5,167 workers who were subjected to the company’s incentive compensation plan or similar agreements.
This saga, which began in 2015, has now come to a close, with Oracle agreeing to pay $15.5 million to resolve the case — a hefty price to pay for a company with billions in revenue, but a small price compared to the damage done over nearly a decade of legal drama.
