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Overview of the Settlement

A class/collective action settlement has been reached in a lawsuit involving J.P. Morgan Chase National Corporate Services, Inc., JPMorgan Chase & Co., and JPMorgan Chase Bank, N.A. on behalf of Chase’s 156 employees who worked as Facilities Managers.The lawsuit claims that Chase misclassified its Facilities Managers as exempt from federal and state overtime requirements and other wage and hour laws. The lawsuit seeks to recover overtime compensation, compensation for missed meal and rest breaks, penalties for unpaid wages, wage statement penalties, and injunctive and declaratory relief. The lawsuit alleged claims under California, New York, Illinois and Texas state labor laws and under the federal law called the Fair Labor Standards Act (“FLSA”). 

What Does the Settlement Provide?

Under the terms of the Settlement, Chase will pay $625,000, plus its share of any payroll taxes, in exchange for a class-wide release of the claims alleged in the lawsuit.If the settlement is approved, and there are no appeals, the settlement payments should be distributed in late November 2018. If the settlement is not approved (either by the Court or on appeal), then no payments will be made. 

Class/Collective Member Options

Submit A Claim Form You should receive a claim form in the mail.  If you send your claim form to the Claims Administrator, you will receive a portion of the settlement proceeds.A claim form must be submitted no later than July 31, 2018. Exclude Yourself If you exclude yourself from the settlement, you will not receive a portion of the settlement proceeds, but you also will not release your claims.You must exclude yourself from the settlement no later than July 31, 2018. Object or Comment If you do not exclude yourself, you can comment on or object to the settlement.The deadline to object to the settlement is September 24, 2018.  Do Nothing You will receive nothing under the settlement. You will also release the claims brought in the lawsuit if you worked for Chase in California, New York, Illinois or Texas.If you worked for Chase in another state you are only a member of the collective action, not a class. If you do nothing you will receive nothing and not release any claims.

Settlement Hearing

A hearing on the final settlement, as well as the Plaintiff’s motion for attorneys’ fees, costs, and an enhancement award, is set for October 16, 2018, at 10:00 a.m. in the United States District Court for the Central District of California, before the Hon. Consuelo B. Marshall.  The Courthouse is located at 350 W. 1st Street, Courtroom # 8B, 8th Floor, Los Angeles, California, 90012.