Home Appraisers Slap JPMorgan With FLSA Action

Law360, New York (October 7, 2010, 4:49 PM EDT) -- Appraisers who evaluate houses for JPMorgan Chase & Co. have launched a putative collective action accusing the financial giant of misclassifying them as salaried employees and failing to pay them overtime.

For years JPMorgan also failed to give the appraisers meal breaks and to follow other requirements of the Fair Labor Standards Act, according to a complaint filed Tuesday in the U.S. District Court for the Northern District of California.

The plaintiffs estimate the proposed class could number in the thousands and are seeking overtime pay...
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