After three settlement conferences and months of negotiations, class action plaintiffs have requested that a New York federal district court preliminarily approve a $5.85 million settlement of their claims against Condé Nast. One of a spate of actions against large media companies, the plaintiffs sought unpaid wages and related damages on behalf of unpaid interns engaged by the company since 2010. According to court papers, the individual settlement payouts are expected to be $700-$1,900 per class member, depending on the nature of the internship position, whether a prior stipend was received, and the number of claims made against the settlement proceeds. Also proposed are attorneys fees’ and costs of about $660,000 (or 11% of the total proceeds) and $10,000 incentive payments to each of the named plaintiffs. ​​