Law360, New York (October 27, 2009) -- Account executives at a former ECC Capital Corp. unit sold to Bear Stearns Residential Mortgage Corp. in 2007 have struck a deal over allegations that the companies violated federal overtime pay requirements, reaching two settlements worth up to almost $1.4 million.
In two motions for preliminary approval of the settlements filed Monday in the U.S. District Court for the Central District of California, the parties seek class certification on the claims...
