Walt Disney Co. agreed to pay $43 million to settle a long-running lawsuit that alleged women employees were paid less than men.

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.

The Walt Disney Company agreed to a $43.25 million settlement in a gender pay discrimination class action lawsuit, according to a court filing Monday. The agreement settles allegations initially