Atty. Carney Shegerian on $36M BofA Labor Law Settlement

LOS ANGELES, Sept. 10, 2015  — Attorney Carney Shegerian, founder of the Los Angeles-based employment discrimination and personal injury firm Shegerian & Associates, released comments on the recent $36 million class action settlement between Bank of America and 365 current and former appraisers. The suit alleged the banking giant misclassified the workers’ status labeling them exempt from overtime pay.

“The recently proposed laws on the subject of overtime have put this case in the spotlight, and for good reason,” said Shegerian. “It’s an important case that paints a perfect picture of the ways that employers can shortchange workers when they fail to classify them according to their rightful overtime pay status. It’s a practice that deserves far more attention than it gets, and it’s good to see it getting that now.”

“What employers must understand is that excluding workers from overtime pay when they lawfully should receive it may have short-term benefits for the bottom-line, but in the long run, it’s a dangerous and risky endeavor,” Shegerian went on to say. “A lawsuit like this one is evidence of just how costly and damaging such decisions can be from an employer’s perspective.”

Mr. Shegerian is founder of Shegerian & Associates and winner of the 2013 Trial Attorney of the Year Award from the Consumer Attorney Association of Los Angeles. His firm has attained a consistent track record of successful jury trials and has won over 72 jury trials, including over 30 seven and eight figure verdicts. The firm has an over 95% success rate and remains an exemplary leader in resolving employment discrimination and personal injury cases.

Located in Los Angeles County, Shegerian & Associates is a law firm specializing in employment law and personal injury litigation. Shegerian & Associates is dedicated to serving the needs of its clients, and has won over 72 jury trials, including over 30 seven and eight figure verdicts. For more information, visit or

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