PNC settles overtime suit for $16M – CPBJ

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Law360, Los Angeles (January 5, 2017, 10:34 PM EST) — PNC Bank NA has agreed to pay $16 million to settle Fair labor standards act claims brought by a collective of mortgage loan officers who claim.

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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 Pennsylvania’s Western District Court.

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PNC Bank NA has agreed to pay $16 million to settle Fair Labor Standards Act claims brought by a collective of mortgage loan officers who claim they were denied overtime pay and a proper.

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