PNC settles overtime suit for $16M – CPBJ

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PNC Bank NA on Friday reached a $7 million settlement of a class action brought by mortgage loan officers accusing the bank of misclassifying them as overtime-exempt employees and making improper.

Lawsuit Blames Tiger Woods For Drunken Driver’s Death PNC settles overtime suit for $16M – CPBJ PNC settles overtime suit for $16M – CPBJ PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania on April 10, 1845.

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PNC Bank has agreed to pay $16 million to settle claims that it did not fairly pay some of its employees for overtime work, according to documents filed in Pennsylvania’s Western District Court.

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