Accenture Pays $1M To Settle Mortgage Unit's OT Suit

Law360, New York (August 24, 2012, 5:31 PM EDT) -- A North Carolina federal judge on Wednesday signed off on a $1 million settlement for a class of Accenture LLP mortgage underwriters who claimed the company's mortgage servicing unit cheated them on overtime.

U.S. District Judge Graham Mullen granted preliminary approval to the deal, first filed with the court earlier this month, which will put to rest claims that Zenta Mortgage Services LLC, a residential and commercial mortgage processing company that Accenture acquired in November, violated the Fair Labor Standards Act by misclassifying its underwriters as...
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