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PNC settles overtime suit for $16M – CPBJ (Pittsburgh) – PNC Financial Services Group will pay at least $24 million to settle class-action claims that a Virginia bank it acquired charged excessive fees and kicked back money to a mortgage.
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PNC Bank Settles Overtime Lawsuit for m pnc bank has agreed to settle an overtime suit filed by employees. The company will pay $16 million to workers who say they were not fairly compensated for their overtime work.
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PNC Bank has agreed to pay $16 million to settle claims that it did not fairly pay some of its employees for overtime work, according to documents filed in Pennsylvania’s Western District Court.
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PNC pays mortgage loan Officers $16M – Overtime Lawsuit January 7, 2017 by Brian Mahany PNC Bank will pay its some of its mortgage loan officers $16 million to settle a lawsuit brought under the fair labor standards Act.
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Lawsuit Blames Tiger Woods For Drunken Driver’s Death PNC settles overtime suit for $16M – cpbj pnc settles overtime suit for $16M – CPBJ PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania on April 10, 1845.
PNC has agreed to pay $16 million to settle a federal overtime lawsuit filed by current and former mortgage loan officers, according to court documents. U.S. District Judge Arthur Schwab approved the class-action settlement Tuesday. The settlement covers 3,431 people who worked for the bank nationwide since Aug. 7, 2012.