Daingerfield, Texas (Sept. 20, 2004) -- Ernst & Young and its former consulting unit, Cap Gemini, have agreed to pay a combined $20 million to settle a class-action lawsuit in which clients sued them for overcharging them for travel expenses, putting an end to litigation dating back three years.
Miller County Circuit Judge Kirk Johnson gave preliminary approval to the settlements, under which Ernst & Young will pay $18 million while Cap Gemini will pay $2 million, Jeffrey Angelovich, an attorney for the plaintiffs and a partner at the Texas law firm Nix Patterson & Roach, told WebCPA.
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