CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over the bank's overtime policies, lawyers for the plaintiffs say.

TORONTO - CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over the bank’s overtime policies, lawyers for the plaintiffs say.

Canadian Imperial Bank of Commerce CM-T has agreed to pay $153-million to settle a years-long class-action lawsuit in which the lender’s employees alleged it broke federal law by allowing them ...

The representative of the class action is a CIBC teller, Dara Fresco, who worked in more than a dozen CIBC branches in Toronto for nearly 10 years.

CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over bank's overtime policies.

CIBC will settle a 15-year-old class-action lawsuit and pay a total of $153 million to employees who were uncompensated for overtime work, plaintiff lawyers say.

CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over the bank's overtime policies, lawyers for the plaintiffs say.