Oracle settlement offer is rejected

Oracle Corp.’s $9-million settlement to resolve claims that it improperly denied overtime pay to workers was rejected by a federal judge who said it was unfair to employees and a “bonanza” for Oracle and the workers’ lawyers.

U.S. District Judge William Alsup in San Francisco said the proposed accord, which includes $2.25 million in attorney fees, didn’t provide adequate notification to hundreds of Oracle’s U.S. hourly workers, blocked future claims by those who weren’t contacted and provided non-California workers lower compensation.