November 24, 2015
Counsel for a class of residential real estate appraisers asked a California federal judge Tuesday for $12 million in attorney's fees after reaching a $36 million settlement with a Bank of America subsidiary in an action accusing it of misclassifying the appraisers as exempt from overtime.
August 25, 2015
Bank of America Corp.'s appraisal subsidiary, Landsafe Appraisal Services Inc., will pay $36 million to settle a class action accusing it of misclassifying residential real estate appraisers as exempt from overtime, according to a Monday filing in California federal court.