Stockbrokers Win Initial Class Cert. In Unfair Wage, OT Suit

Law360, New York (May 22, 2013, 8:07 PM EDT) -- A New York federal judge on Wednesday conditionally certified a class of stockbrokers to bring claims that Fordham Financial Management Inc. that because they were paid on a commission-only basis, their wages dipped below minimum wage and they were denied overtime.  

Judge Paul A. Crotty granted the plaintiffs conditional certification to bring a Fair Labor Standards Act collective action, saying the making a modest factual showing that they and other employees were victims of a common policy.

The lawsuit, lodged in by a pair of former...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Griffith et al v. Fordham Financial Management, Inc. et al


Case Number

1:12-cv-01117

Court

New York Southern

Nature of Suit

Labor: Fair Standards

Judge

Paul A. Crotty

Date Filed

February 13, 2012

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.