Judge Refuses To Dismiss FLSA Suit Against HSBC

Law360 (August 24, 2007, 12:00 AM EDT) -- HSBC Mortgage Corporation will meet a group of its senior retail lending consultants in court, after a California judge refused to toss a case filed by the brokers alleging that the bank failed to pay them overtime.

In a ruling handed down on Friday, Judge Maxine M. Cheseny of the U.S. District Court for the Northern District of California refused to grant HSBC's motion to dismiss a Fair Labor Standards Act lawsuit filed against the bank's mortgage arm by its senior brokers.

In a minor victory...
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