Comment Re:Seeking an insane amount of money. (Score 1) 102
Actually, I believe the $14,600 number is incorrect and that he's actually suing for something like $62,400 per employee.
Notice that $14,600/employee * 61000 employees ~= $890m, which is a far cry short of $3.8b.
Reading the article, the claim is for $200 per pay period per employee per claim. There are 12 claims and if we assume biweekly paychecks, 26 pay periods. $200 * 12 * 26 = $62,400 per employee. $62,400/employee * 61000 employees ~= $3.8b, which suggests this math is correct. It's certainly possible that the number of pay periods is wrong, but using 24 pay periods for twice/month paychecks produces ~$3.5b which is shy of the mark.
Notice that $14,600/employee * 61000 employees ~= $890m, which is a far cry short of $3.8b.
Reading the article, the claim is for $200 per pay period per employee per claim. There are 12 claims and if we assume biweekly paychecks, 26 pay periods. $200 * 12 * 26 = $62,400 per employee. $62,400/employee * 61000 employees ~= $3.8b, which suggests this math is correct. It's certainly possible that the number of pay periods is wrong, but using 24 pay periods for twice/month paychecks produces ~$3.5b which is shy of the mark.