Team Ninja and Tecmo reaches settlement for unpaid overtime lawsuit

A settlement’s finally been reached between the disgruntled Team Ninja members and Tecmo. The lawsuit filed last July was on the issue of unpaid overtime work under flexible working hours. Details after the jump.

After the tumultuous past couple of months for Team Ninja and Tecmo, a beam of light is finally found at the end of the tunnel. A settlement has finally been reached for Team Ninja members who filed a complaint back in July against Tecmo for unpaid overtime.

The suit originally claimed that Tecmo placed workers on a “flexible hours” work scheme four years ago, and since then, overtime wasn’t paid. Plaintiffs represented all 300 Tecmo employees and demanded for 8.3 million yen (US$ 77,000). The lawsuit also alleged that Tecmo had false documents to cover up for the accounting documents.

And now, a settlement has been reached last September 1. The translation of the released statement is below:

Regarding the litigation against our company, on September 1st a settlement was reached as indicated below:

Settlement for the Lawsuit Has Been Reached

On July 16th, two of our employees brought suit against our company regarding unpaid overtime in the Tokyo District Court and presented a proposed settlement. On September 1, 2008, a judicial settlement was reached.

Now that that’s over, will we be seeing Itagaki and Tecmo making peace anytime soon?