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Bank of America
Bank of America agreed to pay $425,000 to settle claims of unpaid overtime for private banking associates.
ClosedUnited States-wideClaim status: Closed on December 12, 2022Payout: VariesNo longer claimable
About this settlement
Alleged unpaid overtime wages for private banking associates at Bank of America.
This settlement resolves claims that Bank of America failed to pay overtime wages to private banking associates employed between August 18, 2020, and August 22, 2022. Eligible employees could receive varying compensation from the $425,000 settlement fund.
Who qualifies
- Individuals who worked as private banking associates for U.S. Trust/Bank of America Private Bank.
- Employment dates between August 18, 2020, and August 22, 2022.
Varies
Claim status: Closed on December 12, 2022