Condé Nast is settling a lawsuit brought by two former interns, C.E.O. Chuck Townsend said in a staff memo today.
The lawsuit, "Ballinger v. Advance Magazine Publishers, Inc.," was filed in U.S. District Court in New York last June by Lauren Ballinger and Matthew Leib, who alleged they had been paid below minimum wage for their respective summer internships at W magazine and The New Yorker. About four months later, Condé Nast decided it would discontinue its internship program.
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