$2.5M Deal In JPMorgan OT Suit Gets Nod From Judge

By Ben James (January 5, 2010, 5:30 PM EST) -- The federal judge overseeing a suit accusing JPMorgan Chase & Co. of failing to pay current and former loan officers overtime and misclassifying them under federal and state wage-and-hour laws has given tentative approval to a $2.5 million settlement pact....

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