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JPM Loan Officers Overtime Pay Class Actions

Martinez v. JPMorgan Chase Bank, N.A., 3:10-cv-02575 (N.D.Tex) Dallas

Summary:

“Plaintiffs bring this collective class action under 29 U.S.C. § 216(b) of the Fair Labor Standards Act (“FLSA”) on behalf of themselves and all other current and former JPMorgan Chase Home Lending Retail Sales In-Footprint Mortgage Loan Officers employed by Defendants outside of California in the last three years (the “Collective Action Class”). Defendants’ policy and practice is to deny earned wages including overtime pay to its Retail Sales In-Footprint Mortgage Loan Officers. In particular, Defendants require these employees to perform work which greatly exceeds forty (40) hours per week, but fails to pay them overtime by illegally classifying them as exempt from the Fair Labor Standards Act’s (“FLSA”) overtime requirements. Defendants’ deliberate illegal classification of its Retail Sales In-Footprint Mortgage Loan Officers as exempt from minimum wage and overtime requirements results in Defendants violating the FLSA.” Plaintiffs seek unpaid overtime, damages and costs.

Status:

Filed 17 December 2010. On 7 March 2011 JPM answered and denied the Fair Labor Standards Act claim. On 17 March 2011 plaintiffs moved to voluntarily dismiss the action stating that JPM had refused to consent to mutually dismiss the case. See also Becton v. JPM.

Documents:

  1. http://jpmorgan-watch.com/files/30_plainitffs'_voluntary_motion_to_dismiss.pdf
  2. http://jpmorgan-watch.com/files/29_martinez_v_jpm.pdf