A U.S. division of Swiss drugmaker Novartis AG says it will pay $99 million to settle a class-action lawsuit about overtime pay for U.S. sales representatives.
Attorney David Sanford says the case involves about 7,700 current and former sales representatives who claim the company owes them overtime for hours worked outside the normal business day. He says the claims date back to 2000. Sanford is a lawyer for the sales representatives.
A federal judge gave the settlement preliminary approval Tuesday. Both sides say final approval could take months.
Novartis says it has been litigating the case for nearly six years, and it was time to resolve the claims.
The U.S. Supreme Court in April will hear arguments on a similar case involving another drug maker, GlaxoSmithKline plc.