Ally Financial Whittles Mortgage Underwriter FLSA Claims

Law360, New York (June 30, 2011, 6:21 PM EDT) -- Ally Financial Inc. on Wednesday resolved overtime claims in Washington state from a former mortgage underwriter, though it still faces a separate class action similarly alleging that the bank misclassified its mortgage staff.

Plaintiff Darlene Darling, a former employee at Ally’s mortgage business Residential Capital LLC, and the bank filed a joint motion of dismissal after resolving claims that mortgage underwriters were misclassified as exempt for overtime pay under federal and state law.

The plaintiff lodged the complaint in Connecticut federal court in November, claiming that...
To view the full article, register now.




Case Information

Case Title

Darling v. Ally Financial Inc et al

Case Number



Washington Western

Nature of Suit

Labor: Fair Standards


John C Coughenour

Date Filed

March 14, 2011

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.