UBS, Workers Get $1.3M Overtime Settlement Approved

Law360, New York (April 2, 2015, 2:57 PM EDT) -- A New York federal judge on Wednesday approved a $1.3 million settlement between UBS AG and a class of client adviser associates who had accused the bank of stiffing them on overtime wages, putting to rest the suit that was filed three months ago.

U.S. District Judge Vernon S. Broderick approved the agreement between the bank and a proposed class of associates who had accused the bank of misclassifying them as exempt from the overtime requirements of the Fair Labor Standards Act and the New York...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Hernandez et al v. UBS AG et al


Case Number

1:15-cv-00230

Court

New York Southern

Nature of Suit

Labor: Fair Standards

Judge

Vernon S. Broderick

Date Filed

January 12, 2015

Law Firms

Companies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.