Just Got the SB Overtime Letter!
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For all those who worked or work for Sleeze Barney, You'll get the class action settlement claim form this week. For most, it works out to about $100/month for every month you worked there.
Enjoy the cash!!!! (When's Merrill sending out their letters???...Mo Money Mo Money Mo Money!!!
100 dollars a month for every month worked there? Sure sucks if you have been there for less than a few years! Maybe enough for a nice vacation.
Three cases have paid.
Merrill California, UBS California and Morgan Stanley California.
UBS national almost made it but there are objections to the settlement amount.
According to the letter I got, They made 25% of the settlement amount…Almost $25million dollars.
http://registeredrep.com/news/Overtime_Finally_Pays_Off/
with state by state listing of who gets what.