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PNC Bank has agreed to pay $16 million to settle claims that it did not fairly pay some of its employees for overtime work, according to documents filed in Pennsylvania’s Western District Court.

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PNC Bank Settles Overtime Lawsuit for $16M. PNC Bank has agreed to settle an overtime suit filed by employees. The company will pay $16 million to workers who say they were not fairly compensated for their overtime work.

A little over a year since a group of several hundred assistant bank branch managers sued PNC Bank for allegedly denying them overtime pay, a federal judge in Chicago has signed off on a deal to end the litigation for $6 million, which would send around $2,000 on average to each of the allegedly wronged assistant managers and $2 million to the attorneys who brought the case.

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