OAKLAND, Calif.—A California judge said she’ll approve Wells Fargo Bank $27.5 million settlement resolving a consolidated action brought by the bank’s hourly Golden State bankers and sales representatives, who claim they were required to work more than 40 hours a week without overtime pay and were shorted meal breaks.
During a hearing in Oakland, Alameda Superior Court Judge Winifred Smith said she'll sign papers approving the deal. Under the settlement, the workers' attorneys will receive 33% of the fund, Law360 reported.