TD Bank, Call Center Reps Settle OT Pay Dispute

Law360, New York (March 15, 2013, 4:28 PM EDT) -- TD Bank NA has agreed to pay $975,000 to settle a conditionally certified class action accusing it of failing to pay its customer service representatives overtime wages, according to a joint motion filed in New Jersey federal court Thursday.

TD Bank and the class of call center reps, who are known as banking specialists, asked the court to preliminarily approve the proposed $975,000 deal, in which class members will each get at least $50, to settle claims it violated the Fair Labor Standards Act by making...
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