Wells Fargo Settles Overtime Lawsuit ~ OPOLAW Injury Blog

Thursday, January 29, 2009

Wells Fargo Settles Overtime Lawsuit

Financial services provider Wells Fargo Co. has reached a $12.8 million settlement in a class action lawsuit regarding overtime pay. The suit was filed last year (FEB06) by former employee Jasmin Gerlach, on behalf of 4,500 current and former Wells Fargo workers. The employees accused the company of violating the Fair Labor Standards Act by not paying overtime to certain members of staff. The U.S. District Court of the Northern District of California gave the settlement preliminary approval on Friday (13OCT06), under terms of which a fund has been set up for current and former employees who are entitled to monetary compensation.

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