Seeking Alpha

Merrill Lynch (BAC) agrees to create a $12M fund to settle a class-action lawsuit arguing it...

Merrill Lynch (BAC) agrees to create a $12M fund to settle a class-action lawsuit arguing it didn't properly pay overtime to support-service level employees.
From other sites
Comments (4)
  • Renoira
    , contributor
    Comments (87) | Send Message
     
    Ironic isn't it?

     

    http://seekingalpha.co...
    19 Feb 2013, 11:56 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5246) | Send Message
     
    Ironic and disgusting.
    20 Feb 2013, 10:12 AM Reply Like
  • benitus
    , contributor
    Comments (2528) | Send Message
     
    What greedy employees they are!!! As it is, they're already making big bucks and yet, they complain about overtime. They may win their lawsuit but in time, the company will surely either revamp its workforce (and weed out "bad" employees or trouble-makers) by downsizing, etc., or increase expectations of existing and new employees (with higher pay or not, to force incompetent workers to quit). Employers have long memories and they never forget being stabbed in the back. Payback will come sooner or later.
    20 Feb 2013, 07:44 AM Reply Like
  • Renoira
    , contributor
    Comments (87) | Send Message
     
    I know, huh? Those stupid laws that are supposed to protect employees and keep employers from becoming slave owners are just a nuisance. Brian deserves his 12 million dollar bonus just for keeping those employees in line.
    21 Feb 2013, 12:21 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs