Judge approves $39 MILLION SETTLEMENT between Wachovia and brokers – FAILURE TO PAY OVERTIME AND WAGES

The National Law Journal (5/13, Bronstad) reported, “A federal judge in Los Angeles has approved a $39 million preliminary settlement to resolve the multidistrict litigation between Wachovia Corp. and more than 10,000 stock brokers who alleged that they were denied overtime pay and other wages.”

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