This was a California class action seeking unpaid vacation pay on behalf of approximately 7,000 former employees of Providian Financial Corporation, Providian Bancorp Services, and First Select Corporation. After extensive fact discovery and litigation, the parties reached a settlement, providing $4.5 million in vacation pay to class members. On September 10, 2003 the San Francisco Superior Court preliminarily approved the settlement [Preliminary Approval] and notice of the proposed settlement was sent to each class member. None of the class members objected to the settlement.

On January 21, 2004, the Superior Court of San Francisco gave final approval to the settlement and entered a Judgment in the case. Class payments were mailed directly out to class members, without requiring them to make claims or fill out paperwork.

If you are an individual with a potential vacation pay, PTO, overtime pay or other employment related question, please contact Karl Olson.