On August 2, 2016 Stephan Zouras, LLP obtained final approval of a $3.25 million settlement on behalf of several hundred class members who worked for Bank of America “BOA”.
Plaintiffs and class members worked for BOA as Treasury Services Advisors “TSAs” and other similarly-titled positions.
In their complaint, Plaintiffs alleged that they and others similarly situated were misclassified as “exempt” and denied overtime pay when they worked more than 40 hours per week.
Plaintiffs’ counsel, Catherine Mitchell, stated that the significant recovery helps reconcile for all of the unpaid overtime performed by these hard working employees.
If you worked for BOA, or any other bank or financial institution, and would like more information on your rights, please contact us.