BrokerageIndustry News

ZipRealty settles labor suit for $586,000

State continues to press $17M wage suit

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ZipRealty Inc. has agreed to pay $586,000 to settle claims by the California Labor Commissioner that the company failed to pay minimum and overtime wages to four of its agents in Kern County.The Emeryville, Calif.-based brokerage denies the allegations, and California Labor Commissioner Julie Su will continue to press a case filed on Sept. 26 in Alameda County seeking more than $17 million in back wages, damages and penalties on behalf of ZipRealty agents throughout California.In Kern County, a Superior Court Judge on Sept. 1 awarded $330,000 to four former ZipRealty agents who filed complaints with the labor commissioner last year. ZipRealty filed a motion for a new trial on Nov. 1, but the settlement vacates the decision and ends the litigation in Kern County.The Kern County settlement requires ZipRealty to pay the four agents the $330,000 judgment, plus an additional $25,000 each, for a total payout of $430,202. ZipRealty also agreed to pay $155,866 in attorney's fees and expenses t...