We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

JP Morgan Faces Class Action By N.Y. Loan Officers

Law360 (February 12, 2008, 12:00 AM EST) -- Investment bank JP Morgan Chase & Co. has been hit with a second wage-and-hour class action in the space of two weeks, this time by its army of mortgage loan officers in New York.

The financial services giant has been accused of willfully denying overtime wages to consultants across the state in violation of the Fair Labor Standards Act and New York Labor Law.

The lawsuit was filed Thursday in the U.S. District Court for the Southern District of New York by named plaintiff George Raikos...
To view the full article, register now.
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.