Sunday, 30 August 2015

Bank of America to pay $36 million in California overtime infraction case

Bank of America to pay $36 million in California overtime infraction case

A subsidiary of Bank of America has agreed to settle with 365 current and former employees for $36 million over charges it failed to pay overtime, an Oakland lawyer who brought the case said Thursday. The settlement comes just under the wire: It was slated to go to trial on Aug. 31, but the $36 million settlement, if and when it is approved by the court, now resolves all claims.
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