You have a right to participate in this settlement if you worked for Intel Corporation as an non-exempt hourly employee in California at some point between April 10, 2021 and April 10, 2025.
If you received a Notice, it is because Intel’s records indicate that you were employed in the State of California as a covered non-exempt hourly employee at some point between April 10, 2021 and April 10, 2025 and had Restricted Stock Units (“RSUs”) issued by Intel vest during that time period. Plaintiffs alleged that Intel failed to include the value of RSUs when calculating employees’ regular rate of pay, resulting in an underpayment of overtime and other wages due in violation of state and federal law. Intel firmly denies these allegations and maintains that federal and state law permits Intel to exclude the value of RSUs when calculating employees’ regular rate of pay. The Court has not made any ruling on the merits of the claims. The parties have entered into a settlement to avoid further disputes and litigation with the attendant inconvenience and expense.
This website is provided as a service to Putative Class Members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Official Notice of Class Action Settlement.