Ex-loan officers seek overtime pay per FLSA
In a class-action lawsuit filed in U.S. District Court for the Eastern District of Michigan, plaintiff Ryan C. Henry, individually and on behalf of other similarly situated employees, sought overtime...
View ArticleQuicken Loans overtime suit tests exempt status quo
On March 17, 2011, Detroit-based Quicken Loans, Inc. was found by a federal jury to not owe overtime pay to a class of former loan officers. In the seven-year period leading up to the verdict, banks...
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