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Mealeys

MLex

December 28, 2009

Taylor et al v. Waddell & Reed Inc et al

View recent docket activity

Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. January 04, 2012

    Waddell & Reed Advisers Exempt From FLSA: Judge

    A California federal judge on Tuesday scaled a collective action accusing investment firm Waddell & Reed Inc. of misclassifying its financial advisers as exempt from wage-and-hour laws, saying the lead plaintiffs were excluded under the outside sales exemption of the Fair Labor Standards Act.

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