Citigroup Unit Says Analysts Must Arbitrate OT Claims

Law360, New York (April 30, 2012, 7:47 PM EDT) -- A subsidiary of Citigroup Inc. asked a federal judge on Monday to dismiss a proposed collective action brought on behalf of Florida financial analysts who say they were illegally denied overtime pay, arguing that the employees’ claims must be submitted individually to arbitration.

According to Citicorp North America Inc.’s motion to compel arbitration, lead plaintiff Luciana De Oliviera and plaintiffs Nilza Wilson and Johan Delgado, all signed documents during their tenures with the bank expressly waiving their right to file a collective action and agreeing to submit...
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