Microchip Co. Will Pay $13M To End Merger Severance Fight

By Kellie Mejdrich · July 20, 2026, 1:40 PM EDT

A microchip-maker will pay more than $13 million to settle a long-running class action alleging it illegally shut down a severance program following a 2016 merger, according to terms of the...

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Case Information

Case Title

Peter Schuman et al v. Microchip Technology Incorporated et al

Case Number

4:16-cv-05544

Court

California Northern

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

September 29, 2016