Call Now For a Free Consultation:
(614) 502-6165

Columbus Federal Court Judge Approves Settlement of $7,000,000 PNC Bank Employment Class Action

Meyer Wilson is pleased to announce the final approval of a settlement of its case against PNC Bank, N.A. Filed in 2011, the settled class consists of all individuals who worked as Mortgage Loan Officers for PNC Bank at any time between the earlier of March 19, 2009 or the date three years prior to the date the MLO opted-in to this action, and April 4, 2011, and who opted-in to this action by filing their written consent to join prior to July 1, 2013. These mortgage loan officers alleged that they were denied overtime pay and were otherwise improperly classified by PNC Bank as exempt employees. PNC Bank denies all wrongdoing.

The settlement approved by the federal court represents a significant recovery for class members. PNC Bank agreed to pay $7 million into a settlement fund, out of which eligible class members will receive a monetary award.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation

Meyer Wilson
Meyer Wilson
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram