Current and former Fidelity employees secured settlement of $1.2 million from unpaid wages class action lawsuit.
The Class Members who may get compensation are California Fidelity employees classified as “non-exempt”. They received bonus compensation under a student loan payment or fitness reimbursement program. They got inappropriate payment for overtime work between Oct. 20, 2013 and Oct. 1, 2018.
There is also a second group of Class Members who are any current or former non-exempt Fidelity employee working outside the California. Further, who participated either in the student loan or fitness reimbursement programs between May 31, 2015 and Oct. 1, 2018. Moreover, the one who received overtime payment during that time.
The Lead plaintiff Adrian Morris lodged the case in 2017 against the financial institution. She alleges that the financial institution had incorrectly calculated their overtime payment.
Further, Morris, said that she worked for Fidelity between 2015 and 2017. She reportedly participated in the company’s loan fitness reimbursement program. Further, according to the Fidelity unpaid wage class action lawsuit, Morris and other employees of company did not receive any payment for overtime while participating in these programs.
Therefore, Morris, a California resident filed the class action lawsuit against Fidelity and its parent company FMR. Moreover, Fidelity claim that the plaintiff was not employed by its parent company, FMR. However, a federal court judge disagreed, and continued the Fidelity unpaid wages class action lawsuit.
However, in December 2018, the plaintiff filed a letter to approve the Fidelity class action settlement. The settlement was later revised and approved in February 2019.
According to the proposed settlement the defendants need to change their business practices to address the issues raised in lawsuit. Moreover, the U.S. District Judge William Alsup approved the settlement on conditions. The Class Members will automatically receive a check depending upon the programs they participated in and hours of overtime work.
Note: Those who want to opt out of the Fidelity unpaid wage class action settlement, may do so before July 18, 2019.
Who are eligible to file the claim?
The former and current non-exempt employees of Fidelity who worked from October 20, 2013 to October 1, 2018. And, didn’t receive any wages for their overtime.
Deadline to file the claim:
N/A, but can step back out of the settlement before July 18, 2019.
It will depends upon number of claimants.
Details of the filed case:
Morris v. Fidelity Investments, et al.,
Case No. 3:17-cv-06027,
in the U.S. District Court for the Northern District of California
Rust Consulting Inc. – 6484
Re: Morris Matter
PO Box 54 Minneapolis
MN 55440-0054 866-245-7027