Citigroup Settles Legg Mason Brokers' OT Class Action

By Jocelyn Allison (May 12, 2010, 5:53 PM EDT) -- Citigroup Global Markets Inc. has agreed to pay $385,820 to settle a wage-and-hour class action alleging it misclassified former Legg Mason Wood Walker Inc. securities brokers as exempt from overtime law....

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