Capital One, Consultants Settle Wage Claims

Law360, New York (September 25, 2009, 3:29 PM EDT) -- A federal judge has approved a confidential settlement between Capital One Home Loans LLC and a class of loan consultants over Kansas state law claims accusing Capital One of wrongfully deducting funds from consultants' wages.

Magistrate Judge Donald W. Botswick of the U.S. District Court for the District of Kansas on Thursday granted final approval of the settlement for a class of 322 loan consultants employed by the mortgage company between February 2005 and February 2009 who brought claims under the Kansas Wage Payment Act alleging...
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