PNC settles overtime suit for $16M – CPBJ

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PNC Bank will pay its some of its mortgage loan officers $16 million to settle a lawsuit brought under the Fair Labor Standards Act. The mortgage brokers claimed they were denied overtime and proper commissions. The case was originally filed by 4 loan officers in August, 2015. PNC employs loan officers throughout the United States.

The PNC Financial Services Group, Inc. PNC has agreed to pay atleast $24 million to settle a class-action lawsuit against Community Bank of Northern Virginia. The Community Bank was purchased by.

PNC Bank settled a class action by agreeing to pay $7 million into a settlement fund for victims.. Columbus Federal Court Judge Approves Settlement of $7,000,000 PNC Bank Employment Class Action. These mortgage loan officers alleged that they were denied overtime pay and were otherwise.

Class Action Settlements. Class action lawsuits that have settled or have proposed settlements. If a class action lawsuit settles, the court will hold fairness hearings to ensure the terms of the settlement are fair to all class members.

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PNC Bank Settles Overtime Lawsuit for $16M. By: Serpe Firm. Jan 16, 2017. PNC Bank has agreed to settle an overtime suit filed by employees. The company will pay $16 million to workers who say they were not fairly compensated for their overtime.

PNC settles overtime suit for $16M. PNC Bank has agreed to pay $16 million to settle claims that it did not fairly pay some of its employees for overtime work, according to documents filed in.

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PNC has agreed to pay $16 million to settle a federal overtime lawsuit filed by current and former mortgage loan officers, according to court documents. U.S. District Judge Arthur Schwab approved the class-action settlement Tuesday. The settlement covers 3,431 people who worked for the bank nationwide since Aug. 7, 2012.

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Is a PNC Bank branch manager entitled to overtime pay? Is an assistant branch manager at PNC Bank entitled to overtime pay? How do I file an overtime claim against PNC Bank? Who is the best lawyer for a PNC Bank overtime pay lawsuit? Our experienced PNC Bank overtime pay attorneys can determine whether you are entitled to overtime wages based.

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