Jessica Corso, Law 360 – November 4, 2014
A New York federal judge on Tuesday gave final approval to a $3.8 million settlement entered into between Charles Schwab & Co. Inc. and a proposed class of financial consultants claiming they were misclassified and denied overtime.
The case is Aboud et al. v. Charles Schwab & Co. Inc., case number 1:14cv02712, in the
U.S. District Court for the Southern District of New York.
The plaintiffs are represented by Deirdre A. Aaron, Justin M. Swartz and Jennifer L. Liu of Outten & Golden LLP; and Gregg I. Shavitz of Shavitz Law Group PA.