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Law360, Los Angeles (January 5, 2017, 10:34 PM EST) — PNC Bank NA has agreed to pay $16 million to settle fair labor standards Act claims brought by a collective of mortgage loan officers who claim.
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 settles overtime suit for $16M – CPBJ The Home Equity theft reporter: report:. – 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..
PNC to compensate $16M to settle overtime lawsuit April 12, 2017 RSS FEED No comments PNC has concluded to compensate $16 million to settle a sovereign overtime lawsuit filed by stream and former debt loan officers, according to justice documents.
PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania on April 10, 1845. Due to the long recovery from the Great Fire of Pittsburgh, PNC was not fully operational until January 28, 1852. It originally opened offices at Liberty Avenue and 12th Street.