Judge Refuses To Nix Class In Countrywide OT Suit

Law360, New York (May 13, 2011, 4:21 PM EDT) -- A California judge on Friday refused to decertify a class of account executives at Countrywide Financial Corp.'s subprime mortgage unit, but decided to allow a renewed challenge to a survey justifying the plaintiffs' claims for unpaid overtime wages.

U.S. District Judge Andrew J. Guilford said he could not decertify the class of branch executives at Full Spectrum Lending Inc. until he held a Daubert hearing on Countrywide's bid to dismiss the plaintiffs' survey, which looked into how many overtime hours executives worked and established a basis...
To view the full article, register now.




Case Information

Case Title

Reggie Wallace v. Countrywide Home Loans Inc et al

Case Number



California Central

Nature of Suit

Labor: Fair Standards


Josephine L. Staton

Date Filed

December 29, 2008

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.