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Wells Fargo Settles Nevada Overtime Lawsuit For $105,000

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Wells Fargo has settled a lawsuit filed by employee Amber Salazar claiming that business bankers were not paid overtime because they had been misclassified as managers. The lawsuit says that business banking specialists were regularly required to work off the clock on “call nights’.

Though Wells Fargo attorneys claimed that Salazar admitted that she never informed any Wells Fargo manager that she was falsifying her time and concedes that she was paid for all the time that she recorded”…and that she “admits she struggled as a business banking specialist and that she was a poor performer,” the company agreed to settle with the understanding they deny the allegations.

64 claims were filed on behalf of the class action lawsuit, and under the settlement, they each should receive about $1,000 after legal expenses. Salazar receives an extra $2,500 as the lead plaintiff.

An attorney for the plaintiff wrote in a court declaration, “This result is an excellent one given the fact that the internal records of Wells Fargo indicate that the class was underpaid, at most, $300,000 for their overtime compensation,” Vegas Inc., reported. disclaimer: This article: Wells Fargo Settles Nevada Overtime Lawsuit For $105,000 was posted on Monday, July 11th, 2011 at 8:11 pm at and is filed under Uncategorized.

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