Loan Officers Sue Mortgage Source In FLSA Action

Law360, New York (May 14, 2009, 12:00 AM EDT) -- A former loan officer for Mortgage Source LLC has asked a court to conditionally certify a collective action alleging the company did not pay her or other loan officers minimum wages and overtime compensation.

In a motion filed Wednesday in the U.S. District Court for the Eastern District of New York, Desiree Vaughn argued that the Fair Labor Standards Act proposed action against Mortgage Source and its president, Michael J. Lederman, should be certified because the case meets the standards for certification, including that the plaintiffs...
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