Bank of America workers U.S. sue for overtime

(Reuters) – Workers for Bank of America Corp, one of the nation’s largest employers, have sued the company for allegedly failing to pay overtime and other wages.

U.S.

The lawsuit filed on Friday in federal court in Kansas City, Kansas, consolidates 12 lawsuits filed on behalf of employees in California, Florida, Kansas, Texas and Washington.It seeks nationwide class-action status on behalf of employees at Bank of America retail branches and call centers over the past three years.

George Hanson, a lawyer for the plaintiffs, said the case could eventually cover more than 180,000 workers, based on information provided by the bank. That could lead to a recovery in the “hundreds of millions” of dollars, assuming a typical employee was deprived of $1,000 to $2,000 in pay, he said.


According to the 44-page complaint, the largest U.S. bank by assets requires employees to work in excess of eight hours a day or 40 hours a week, yet fails to pay them both for overtime and for all straight time worked.

The complaint also accuses Bank of America of requiring employees to work during unpaid breaks, failing to provide meal and rest breaks, and failing to timely pay terminated employees for earned wages and accrued vacation time.

“Bank of America enjoys millions of dollars in ill-gained profits at the expense of its hourly employees,” violating either the federal Fair Labor Standards Act or various state labor laws, the complaint said.

Shirley Norton, a Bank of America spokeswoman, said the Charlotte, North Carolina-based bank would defend against the lawsuit, and had comprehensive policies and training to ensure compliance with all federal and state wage and hour laws.

Bank of America as of March 31 employed 283,914 people worldwide, and operated 5,939 U.S. branches.

The federal Judicial Panel on Multidistrict Litigation in April had directed that the 12 original cases be combined.The lawsuit seeks class-action status, a halt to the alleged illegal conduct, compensatory and punitive damages and other remedies.The case is In re: Bank of America Wage and Hour Employment Practices Litigation, U.S. District Court, District of Kansas, No. 10-md-2138

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Crude hovered around $ 82 a barrel, while we await the release of U.S. jobs report later in the day, where there is a strong influence on trade, particularly in the meeting of the United States.

Today, crude oil traded above $ 82 a barrel, the highest about $ 82.65 and $ 81.87 lowest round as he is currently trading around $ 82.10 per barrel recorded.

Dealers are looking forward to the relationship between employment in the United States scheduled for later today, published. The Labor Department is expected that 90 000 workers, recruited by private employers in July, higher than that employed 83,000 in June, where the unemployment rate expected of 9.5% to 9.6% because of layoffs and major task to get an aggregated view of the image, to the non-agricultural wage and salary payments expected to demonstrate a loss of 65,000 jobs.

Crude yesterday traded more than $ 82 per barrel to the highest around $ 82.40 and $ 81.55 per barrel, the lowest round and closed to grasp at $ 82.15 per barrel. She made it to $ 0.46, that the margins of optimism in the market due to the rising expectations of the loss of U.S. jobs report, and more equity and €.

Similar to the NYMEX as Clock 03:15 ET, motor gasoline fell to $ 217,040 per gallon to a record high of $ 0.28, heating is trading around $ 219,610 per win $ 0.43 gallon, while natural gas rose to $ 0.54 per 1,000 cubic meters record to $ 4,623. London Brent crude futures rose to the taking of about $ 0.32 to $ 81.870.