Portfolio Recovery Associates LLC has established an $850,000 settlement fund to resolve a class action lawsuit that made claims the company violated overtime and other labor regulations concerning employee compensation.

The class is made up of all non-exempt hourly employees who worked for Portfolio Recovery Associates LLC in California from Feb. 16, 2017, through Aug. 26, 2022.

Certain “Eligible Aggrieved Employees” — non-exempt hourly employees who worked for the defendant in California from Dec. 11, 2019, through Aug. 26, 2022 — are also eligible to collect a payment from a portion of civil penalties Portfolio Recovery Associates will pay under the California Private Attorneys General Act, or PAGA.

Individuals who took legal action separately as named plaintiffs are excluded from the class.

In 2021, plaintiffs filed a complaint in San Diego County that Portfolio Recovery Associates had violated the labor code in California.

Plaintiffs Jasfer Nepomuceno and Danielle Winkle alleged that Portfolio Recovery Associates violated regulations relating to unpaid overtime, unpaid meal period premiums, unpaid rest period premiums, unpaid minimum wages and final wages not paid in a timely fashion.

Portfolio Recovery Associates was started in 1996 as a means to help people resolve their debts, according to the company’s website. The company purchases debts from banks, credit card companies and other creditors who are unable to collect debts. Portfolio Recovery Associates claims to...

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