Wells Fargo Agrees To Pay $4M To Settle Wages Suit

Law360, New York (August 05, 2013, 3:29 PM ET) -- Wells Fargo Advisors LLC reached a $4 million settlement with thousands of client associates who alleged the company discouraged them from reporting all their work time and had an unwritten policy of only paying them for scheduled hours, according to a motion filed Friday in Missouri federal court.

Both parties asked the court to approve the distribution of notices about the agreement to the roughly 3,300 class members who worked as client associates for Wells Fargo branches across the country during the past three years, enabling...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required

Case Information

Case Title

Lindsay v. Wells Fargo Advisors, LLC et al

Case Number

4:12-cv-00577

Court

Missouri Eastern

Nature of Suit

Labor: Fair Standards

Judge

John A. Ross

Law360 Coverage

Date Filed

March 29, 2012

Sections

Law Firms Mentioned

Companies Mentioned

Related Articles