Wells Fargo Overtime Pay
Result: $12.8 million settlement in overtime pay class action
Year: 2007
Gerlach v. Wells Fargo & Co.
In January 2007, the Court granted final approval to a $12.8 million settlement of a class action suit by current and former business systems employees of Wells Fargo seeking unpaid overtime. Plaintiffs alleged that Wells Fargo illegally misclassified those employees, who maintained and updated Wells Fargo’s business tools according to others’ instructions, as “exempt” from the overtime pay requirements of federal and state labor laws.
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