Condé Nast to settle intern lawsuit for 5.8 million dollars

The media giant Condé Nast has been ordered to pay 5.8 million dollars (3.71 million pounds) in a lawsuit settlement for failing to pay thousands of former interns.

The class-action lawsuit, which was brought against Condé Nast by two former interns, Lauren Ballinger and Matthew Leib, will see approximately 7,500 former interns working at the magazine publications titles such as Vanity Fair, Vogue and The New Yorker get a payout of between 700 and 1,900 dollars to compensate lost wages.

Although Condé Nast’s internship program was canceled shortly after the lawsuit was filed in 2013, Chief Executive Officer Chuck Townsend stresses that the company’s magazine internships “were among the best in the media business.”