JP Morgan Chase, HSBC Face New Class Actions

Law360, New York (January 28, 2008, 12:00 AM EST) -- JP Morgan Chase & Co. and HSBC Finance Corp. have been hit with putative class action overtime lawsuits in federal court in California, seeking relief for a nationwide collective class under federal wage-and-hour law.

The complaints, both dated January 24, were filed in the U.S. District Court for the Southern District of California, by Schiffrin Barroway Topaz & Kessler LLP. Both suits invoke federal and state laws, and seek certification for an opt-in class for the federal claims, and certification for an opt-out class based on...
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