Posts Tagged Fair Labor Standards Act
Mortgage Bankers Association, Labor Department Square Off Over Overtime Pay Rules
Posted by admin in Fraud Recovery on February 24, 2013
by Brian Mahany We have been following the overtime pay debate involving loan officers and the financial service industry in general. Presently we have several cases brought on behalf of present or former loan officers. In this economy, it’s not unusual to work long, long hours and for very little pay. Employees say they are [...]
Unpaid Overtime Claims Against Banks and Brokers Spike – FLSA Post
Posted by admin in Fraud Recovery on February 24, 2013
by Brian Mahany Most people have not heard of the Fair Labor Standards Act or FSLA (it was passed post-Depression in 1938) but everyone knows when they have been wrongfully denied overtime or pay. Lately it seems one of the worst offenders are bankers and stockbrokers. Working in a factory on a time clock mens [...]
Mortgage Industry Workers Often Ripped Off
Posted by admin in Fraud Recovery on March 30, 2012
by Brian Mahany We are honored to be partnered with the government in the largest federal false claims act case in the U.S. involving a mortgage lender – our $2.4 billion false claims case against Allied Home Mortgage. How did we get that case? By helping Allied’s employees who weren’t properly paid. Although we often [...]
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