Big story out of Kotaku: https://kotaku.com/riot-settles-lawsuit-will-pay-every-female-employee-si-1840156366
(Edit: originally reported by LA Times)
On how it will be distributed:
(Edit: originally reported by LA Times)
Riot Games will pay out a huge $10 million proposed settlement collectively to every woman who has been employed by the company at any time over the last five years. The settlement is one of the largest in California history for a gender discrimination suit, says the plaintiff's lawyer.
On how it will be distributed:
A copy of the proposed settlement obtained by Kotaku notes that each lawsuit participant will receive some amount of money determined by "their tenure, length and status" as an employee. One reason for the large sum is to make up for what plaintiffs' lawyer determined was a significant difference in salary between men and women at the company.