Countrywide Wants Competition Claims Cut From OT Suit

Law360, Los Angeles (October 17, 2011, 8:08 PM EDT) -- Attorneys for Countrywide Financial Corp. told a California federal judge Monday that a recent state Supreme Court decision required dismissing unfair competition claims brought by out-of-state mortgage executives in a nationwide overtime class action suit.

But attorneys for the plaintiff class pushed back at Monday’s hearing, arguing the California Supreme Court’s June 2011 decision in Sullivan v. Oracle Corp. was narrowly tailored, and that U.S. District Judge Josephine S. Tucker should preserve the unfair competition claims of about 3,300 current and former out-of-state branch executives for...
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