The Canadian Press
A Toronto law firm says it has filed a class action lawsuit against BMO Nesbitt Burns Inc. on behalf of employees who are allegedly owed unpaid overtime.
The filing claims that the brokerage wing of the Bank of Montreal (TSX:BMO) did not properly record employees’ work hours, and didn’t pay overtime owed.
The lawsuit also claims BMO Nesbitt Burns created an environment where employees were expected to work up to 80 hours per week.
None of the allegations filed in Ontario Superior Court have been proven.
The suit was filed by Juroviesky and Ricci LLP for one client with the intent of getting class-action status on behalf of other BMO Nesbitt Burns employees or former employees who worked at the company as long ago as 2002.
A BMO spokesman says the bank has processes in place to deal with overtime claims, and that it will defend itself vigorously.
BMO Nesbitt Burns could face class action suit over alleged unpaid overtime
- By: The Canadian Press
- February 10, 2010 February 10, 2010
- 13:57