HSBC Makes $15.6M Deal To End Bankers' OT Class Action

By Ama Sarfo · November 27, 2012, 1:36 PM EST

HSBC Bank USA NA has agreed to pay $15.6 million to resolve a putative class action alleging the company withheld overtime wages from some of its bankers, managers and specialists, according...

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Case Information

Case Title

Yuzary v. HSBC Bank USA, N.A. et al

Case Number

1:12-cv-03693

Court

New York Southern

Nature of Suit

Labor: Fair Standards

Date Filed

May 09, 2012