KeyBank FLSA Class Action Lawsuit

Daniel Shanahan v. KeyBank
United States District Court for the Northern District of Ohio
Docket No.: 19-2477

On October 23, 2019, a KeyBank hourly employee filed a federal lawsuit in the United States District Court for the Northern District of Ohio, asserting that KeyBank failed to pay him and thousands of other KeyBank employees, including Tellers and Personal Bankers, overtime wages as required under the Fair Labor Standards Act.  Specifically, the Named Plaintiffs allege that KeyBank failed to pay him and other employees for performing opening procedures to open KeyBank’s branches each morning, including but not limited to waiting for co-workers to arrive on the premises.

The Parties have reached a settlement, which is on file with the Court. On March 16, 2021, the Court granted final approval to the settlement. The Settlement Administrator will mail checks to eligible individuals by the end of April 2021. Individuals will have 365 days from the date of issuance to cash their checks.