FLSA Overtime Suit Targets A.G. Edwards

Law360, New York (February 12, 2007, 12:00 AM EST) -- Yet another broker has joined the fight for overtime compensation, slapping A.G. Edwards & Sons Inc. with a suit alleging that the firm failed to pay him and others for overtime hours they worked.

Mark Steen has filed a class action suit against A.G. Edwards in the U.S. District Court for the Western District of Pennsylvania.

The suit alleges that securities brokers “are entitled to overtime compensation regardless of whether their compensation is based on commissions or bonuses.”

In general, brokers are not paid on a...
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