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Former employees of HP Inc. and Hewlett Packard Enterprise Co. asked a California federal judge Thursday to greenlight an $18 million class and collective action settlement resolving claims of 40 employees.
Workers’ attorneys would get up to $4.5 million in deal. HP Inc. and Hewlett Packard Enterprise Inc. agreed to pay up to $18 million to settle a collective action accusing the companies of shedding thousands of older workers in a restructuring plan promoted by former top executive Meg Whitman. The Hewlett-Packard Co. spinoffs’ settlement agreement would pay the former employees at least $15,000 in exchange for releasing claims against the company, according to the worker’s request for court approval of the deal filed Thursday. The settlement is poised to resolve a seven-year-old lawsuit in the US District Court for the Northern District of California.
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