Posts Tagged ‘ Wells Fargo ’

Week Adjourned: 10.30.09

October 30th, 2009. By LucyC

Bit of irony, no?The Age of the Overtime Class Action…

Top Class Actions

Wells, It’s Official… Wells Fargo is now facing a wages and overtime class action filed by technical support staff who allege that they were not paid for time worked in excess of 40 hours per week.

The suit covers all network engineers, operating systems engineers, information security analysts, technical service specialists, systems support analysts, web engineers, web support engineers, web systems engineers, operating systems analysts (level 2), systems QA analysts (levels 2 or 3), computer operations analysts (levels 3 or 4), database administrators (levels 2 or 3), and applications systems engineers (level 3) who worked for Wells Fargo as exempt employees at any time during the past three years anywhere in the United States. It is estimated that about 3,000 employees are eligible to participate in the unpaid overtime class action.

Eligible employees have 75 days to join the lawsuit.

BOA Constricting Overtime Pay? And then there’s Bank of America: A lawsuit was filed this week on behalf of telephone-dedicated employees for unpaid wages and overtime worked at company call centers across the country. The lawsuit was filed as a collective action, which

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Week Adjourned: 9.4.09

September 4th, 2009. By LucyC

Some SunTrust HELOC customers found themselves minus a line of creditIt was a big class action week on the home front…

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Sun Trust HELOC: Now you see it, now you don’t? A potential class action suit was filed this week against Sun Trust Bank over allegations that the financial company decreased, froze or terminated thousands of Home Equity Lines of Credit (HELOC) in ways that may have violated its contractual obligations to its clients. 

In a nutshell, HELOC loans provides credit up to a stated maximum amount within a certain term, the loan collateral being the borrower’s equity in his or her home. 

One 82-year old lady had secured a HELOC of $500,000 against her home, only to have it

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Week Adjourned: 8.21.09

August 22nd, 2009. By LucyC

So much for the dog days of summer…it was a busy week.

Top Class Actions

[Pay]check is not in the mail? It seems every week a major brand is in the news for some alleged type of labor or wages violation. This week it’s UPS. The global courier company is facing a potential class action lawsuit over allups legal env Week Adjourned: 8.21.09egations that it withheld as much as $100 million in overtime wages from its account managers.

The suit alleges that UPS is in violation of the Federal Fair Labor Standards Act and California’s wage and hour laws. The suit also alleges that UPS does not provide employees with mandatory meal periods and rest breaks and fails to keep adequate records of the hours the employees work. Who said management had it good? I would think that unpaid management overtime is a silent epidemic. 

Vanishing home equity? Have you checked your home equity line of credit lately? Maybe you should. Michael Hickman of Illinois did, and got quite a nasty shock. Hickman alleges that he had

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