Investools Sales Reps Win Cond. Cert. In OT Action

Law360, New York (August 19, 2011, 1:32 PM EDT) -- A federal judge on Thursday conditionally certified a class of former Investools Inc. sales representatives who claim the TD Ameritrade Holding Corp.-owned company failed to pay them overtime while they worked at a Utah call center.

U.S. District Judge Ted Stewart said the plaintiffs had shown that they were similarly impacted by Investools' failure to pay overtime and merited preliminary class designation. The plaintiffs claim the company improperly designated them as exempt from the overtime requirements of the Fair Labor Standards Act and regularly denied them...
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