Labor/Employment
Apr. 11, 2014
Real estate appraisers settle lawsuit against Bank of America
The plaintiffs settled a wage and hour lawsuit with Bank of America Corp. and a subsidiary for $5.8 million, resolving the employees' claims that the companies misclassified them as salaried workers.
Daily Journal Staff Writer
A group of real estate appraisers settled a wage and hour lawsuit with Bank of America Corp. and a subsidiary for $5.8 million, resolving the employees' claims that the companies misclassified them as salaried workers and deprived them of overtime, breaks and other compensation.
The appraisers' case almost went to arbitration, but defendants pulled back on their efforts to enforce arbitration...
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