The U.S. Labor Department is trying to track down 342 people who have back pay coming to them from Great Lakes Collection Bureau Inc.
The Buffalo-based debt collection company has agreed to a $950,000 settlement of a long-running wage dispute. Of that amount, $800,000 is earmarked for 1,100 workers and former employees.
But 342 checks totaling $120,000 are undeliverable because the recipients have changed addresses, said Michael Fitzgerald, assistant district director of the Labor Department's Wage and Hour Division in Buffalo.
People who worked as full-time collectors at Great Lakes Collection Bureau sometime between September 1992 and Dec. 31, 1996, and who haven't already been contacted by the Labor Department, may call 551-4891 to find out if a check is waiting for them. Callers after business hours can leave a message, Fitzgerald said.
The department will distribute checks after verifying recipients' identities.
Former Pruco broker fined $50,000, ordered to make restitution
Another former broker for Pruco Securities Corp. has fallen victim to the widespread corruption that raged through the firm's Western New York offices during the late 1980s and early 1990s.
Carlton D. Oakley, whose last known address was in Buffalo, was barred from the securities business by the National Association of Securities Dealers Inc. and fined $50,000 for failing to follow his customer's wishes and use the $5,969 in proceeds from the sale of a high-yield mutual fund to buy shares in another fund.
The NASD did not say what happened to the money, which was collected from the client in April 1994. Oakley, who violated NASD rules by not responding to requests for information about the case, also was ordered to make restitution to Pruco.
Oakley, who joined Pruco in late 1989, left the company in October 1994.
The NASD now has barred 14 local Pruco agents from the securities business since March 1992. In all but one case, the former agents were accused of improperly taking money from their customers' accounts.
Three veteran attorneys form new law firm
Veteran Buffalo attorneys Jack L. Getman, Richard J. Biryla and Richard J. Binko are merging to form a new law firm.
The firm of Getman, Biryla & Binko will have offices at 800 Rand Building with appointments also available at 2427 William St., Cheektowaga.
John R. Kresse and Seth L. Hibbert will be associates and Peter L. Costa will be of counsel to the firm.
Kathleen M. Mann will be firm administrator and Michele Procknal will be the paralegal and client liaison.
The attorneys will continue their traditional roles as general practitioners with an emphasis on commercial and business law, personal injury, estate and probate, commercial collections and construction litigation, both at the trial and appellate levels.
FNB Rochester sets dividend
The board of directors of First National Bank of Rochester parent FNB Rochester Corp. has declared a 10-cent-per-common-share semi-annual dividend payable on Jan. 30 to shareholders of record as of Jan. 15.