Malcap Mortgage Latest Loan Firm Hit With FLSA Suit

Law360, New York (February 19, 2010, 12:45 PM EST) -- Loan officers working for Malcap Mortgage LLC have filed a class action accusing the Tennessee-based loan, refinance and debt consolidation company of failure to pay wages and overtime and retaliation.

Named plaintiffs Charla Ellis, Joseph Hilton and Jearlyn Martin filed the Fair Labor Standards Act lawsuit Thursday in the U.S. District Court for the Middle District of Tennessee.

According to the complaint, the named plaintiffs' primary duty was to sell loans to customers. As part of the job, the lawsuit says, they were required to follow...
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