EA Settles Class Action on Overtime (thanks Frans) announces that EA has settled the class action suit about overtime compensation (story), pending the approval of the Court. Here are the terms:

Under the terms of the settlement, the claims of the alleged class will be dismissed, and EA will make a total payment of $15.6 million to cover all claims by the class members, plaintiffs' attorney fees, any incentive payments to the named plaintiffs and all administrative costs of the settlement. Any portion of the settlement fund that is unclaimed by class members will go to the Jackie Robinson Foundation, a national nonprofit organization that awards college scholarships to minority students, with a preference toward students interested in studying interactive entertainment.