BMO Nesbitt Burns Overtime Class Action

Overview

BMO Nesbitt Burns is a large investment firm which employs many Investment Advisors. These Investment Advisors are expected to work long hours by Nesbitt Burns. Valent Legal represents a class of current and former financial advisors employed by BMO Nesbitt Burns over allegations of unpaid overtime in breach of Nova Scotia’s Labour Standards Code.

The class action alleges that by circumventing mandatory overtime rules, BMO Nesbitt Burns has been unjustly enriched to the detriment of the Financial Advisors it employed.

Updates & Latest Developments

The parties have reached a settlement of the BMO Nesbitt Burns Overtime class action and the settlement has been fully administered. All approved claimants have been sent their awards and the applicable appeal deadline has passed.

For any questions, please contact Valent Legal.