News in Brief September 14 – Columbia Pictures, PNC and More

Columbia Pictures, Other Studios Settle Wage Suits

Columbia Pictures and two other film studios have agreed to settle claims that they underpaid and overworked their parking production assistants. According to the lawsuit, Columbia, Annapurna Productions and Atlas Entertainment didn’t pay their production assistants proper overtime wages for the work they did while on location – and were paid a lump sum per shift instead. The details of the settlements haven’t been revealed.

HSBC Ends Loan Officer Overtime Lawsuit

HSBC’s $7 million settlement has been granted final approval. The lawsuit alleged that HSBC violated the Fair Labor Standards Act by failing to properly pay its loan officers overtime. Under the settlement, two groups of HSBC employees will be able to claim compensation – loan officers who worked for at least 15 days between 2007 and 2014 in New York or between 2009 and 2014 in California.

PNC Settles Suit Over Mortgage Fees

PNC Financial Services Group has agreed to pay at least $24 million to settle claims that it overcharged homeowners on their secondary mortgage interest and fees. The suit also alleged that PNC didn’t accurately disclose the terms of its loans. If the settlement is granted final approval, it would award nearly 27,000 homeowners between $560 and $1680 each.