(Bloomberg) -- Bank of America and its Merrill Lynch unit were sued by two former financial advisor trainees who claim they weren’t paid overtime for long days and weekend work.

Ronni Reiburn and Samuel Jorgenson, who were employed in the training stage of Merrill Lynch’s Practice Management Development Program, claim they worked more than 60 hours a week on average but weren’t paid overtime for the hours in excess of 40, in violation of the Fair Labor Standards Act.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access