Below is the first part of an article by It reads…
Here at Fashionista, we were very disappointed to hear that Condé Nast would be shuttering its internship program in 2014 following a class action lawsuit filed by two former interns — one at W and one at The New Yorker — who claimed that they were paid below minimum wage.
As of now, none of the publishing powerhouse’s titles are accepting interns for the summer and beyond, which is unfortunate for many reasons, not least of which being that a summer stint at a magazine is  how many of us (myself included — shout out to Lucky!) got started out in the industry.
In an internal memo sent to Condé Nast staffers Friday, CEO Chuck Townsend announced that the lawsuit — filed by Lauren Ballinger and Matthew Leib in June of 2013 — is being settled outside of court.