Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday.

It was alleged that Disney's female employees in California earned $230 million less than their male counterparts over an eight-year period.

Disney has agreed to pay $43.25 million to settle a class action lawsuit that accused the company of systematically paying women less than male employees with the same experience. The plaintiffs’ attorneys filed a motion on Monday to seek approval of the settlement,

Disney agreed to pay $43.3 million to settle allegations that it systematically paid female middle managers less than men in similar roles over the course of a decade, avoiding a potentially costly and distracting jury trial.

Disney is paying $43.25 million to settle a class action lawsuit that it paid women less than men, according to papers that filed in Los Angeles Superior Court Monday night. The suit was originally filed in 2019 by Disney staffers LaRonda Rasmussen and Karen Moore,