Corporate
Sep. 21, 2005
Overtime Settlement
SAN FRANCISCO - Bank of America N.A. has agreed to pay as much as $9 million to settle a class action brought by mortgage brokers who claim they were owed overtime wages.
SAN FRANCISCO - Bank of America N.A. has agreed to pay as much as $9 million to settle a class action brought by mortgage brokers who claim they were owed overtime wages.
The brokers argued in San Francisco federal court that because they did not qualify as retail or administrative employees, they did not meet the qualification for federal and state overtime exemptions, said plai...
The brokers argued in San Francisco federal court that because they did not qualify as retail or administrative employees, they did not meet the qualification for federal and state overtime exemptions, said plai...
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