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Case ID: 4434 | Employment | 09/21/2005
Bank of America Corporation, the second largest American bank, agreed to pay up to $9 million to settle a lawsuit brought by California loan department workers who claimed they had wrongly been denied overtime pay.
The class action suit, filed in U.S. District Court in San Francisco, claimed the bank underpaid account executives, trainees and other workers selling home mortgages and personal loans. California's wage and hour laws required the bank to pay overtime to the loan sellers, who were paid solely through commissions. "The bank didn't meet state or federal minimum wage laws" said the Nevada lawyer who represents the plaintiffs. Under the settlement, which was filed with the court on September. 16, 2005, the bank will pay as much as $6.68 million to the workers, depending on the number of claims made.
At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Employment Cases of Interest A class action lawsuit has been filed in the Southern District Court of Florida against B&D Chiropractic Center, Inc. The case involves violations of the Fair Labor Standards Act. No additional information about the substance of the allegations is available at this time. Classactionamerica.com will monitor this case and provide additional details as soon as they become available. Hundreds of Career Education Corporation temporary workers can join a class action-type lawsuit against the company that seeks to reclaim unpaid overtime wages, though the company disputes all of the claims made by the plaintiffs and says the overtime hours in question are exaggerated. A class action lawsuit has been filed in the Western District Court of Washington against CPM Development Corporation (DBA Icon Materials), a Washington state based paving business for violations of the wage, hour, and labor laws and regulations of the State of Washington. Class members seek damages, attorney's fees and costs of the litigation. A class action lawsuit has been filed in United States District Court against Exoticus Nauticus dba Wild Deuces Casino and Sports Bar. The case involves violations of federal labor law. No additional information about the substance of the allegations is available at this time. Classactionamerica.com will monitor this case and provide additional details as soon as they become available. In the wake of Merck’s worldwide recall of the pain medication Vioxx, a growing number and variety of legal actions have been filed against the embattled pharmaceutical giant. This latest is brought under the Federal Employee Retirement Income Security Act (ERISA). Participants in Merck’s employee stock purchase plans say the company’s attempts to cover up the health risks of Vioxx, followed by the eventual recall of the drug, decimated the value of their company stock purchases. The plaintiffs seek damages for the lost value of their stock. A statewide collective action has been filed in Florida against the Carlink Corporation. The action is brought on behalf of all current and former employees of Carlink who were not paid proper overtime wages for all hours worked in excess of 40 per week. The action is brought under the federal Fair Labor Standards Act and seeks statutory and liquidated damages as well as injunctive and declaratory relief. As a collective action, all potential claimants must "opt-in" to the action in order to be considered part of the class. The employees have requested that the court issue notice to all potential claimants. |
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