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Sliger et al v. Prospect Mortgage, LLC et al
Case Number:
2:11-cv-00465
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 25, 2011
Prospect Mortgage Workers Win Initial Cert. In OT Suit
A California federal judge on Tuesday conditionally certified a class of Prospect Mortgage LLC loan officers who were paid on a commission-only basis to bring claims that the residential mortgage lender misclassified them as exempt from federal wage requirements.
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May 31, 2011
Prospect Mortgage Can't Shake Loan Officer OT Suit
A California federal judge on Friday refused to nix a putative class action accusing residential mortgage lender Prospect Mortgage LLC of misclassifying its loan officers and loan originators as exempt from overtime pay and minimum wage.