American Airlines Federal Credit Union of Fort Worth, Texas has agreed to pay nearly 300 current and former employees more than $83,000 in overtime back wages following a U.S. Department of Labor investigation.
According to the Labor Department, the $5.4 billion CU violated the Fair Labor Standards Act's overtime and record-keeping provisions. Now, American Airlines FCU is paying $83,608 in overtime back wages to 295 current and former tellers, loan officers and customer service representatives.
The investigation, conducted by the Dallas district office, determined the CU wrongly classified covered employees as exempt and paid them straight-time wages; it also failed to maintain accurate time and payroll records of employees' work hours and wages.
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