Broker Firm Consultants Launch Action For Overtime

Law360, New York (January 22, 2007, 12:00 AM EST) -- A legal battle is being waged by hundreds of disgruntled investment consultants who claim they missed out on lunch, rest, and overtime wages working for brokerage firm TD Ameritrade.

A class action against the third largest online broker in the U.S. accuses the company of knowing and intentional violations of the California Labor Code.

The suit, filed last Thursday in the Southern District Court of California, calls for a preliminary and permanent court injunction to prevent TD Ameritrade from persisting with its “unlawful, fraudulent and unfair...
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