A class action lawsuit against Merrill Lynch by broker assistants for unpaid wages and overtime has been settled for $12 million. The client associates were wrongly classified as exempt from overtime, regularly worked more than 40 hours per week. The lawsuit was earlier reported on: Merrill Lynch Sales Associates File Class Action Suit for Overtime.
Source: Reuters
Lexington, Kentucky overtime lawyer Robert Abell helps individuals and employees recover the overtime pay they've earned but not been paid; contact him at 859-254-7076.
