Broker Baffled Over Overtime Lawsuit - Mortgage Forums for Mortgage Brokers

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		Mortgage Forums for Mortgage Brokers > Mortgage Business > Mortgage News
Broker Baffled Over Overtime Lawsuit

#1 (permalink)

02-28-2006, 10:13 PM

Veronica Corningstone Veronica Corningstone is offline

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Broker Baffled Over Overtime Lawsuit

The Department of Labor has filed a lawsuit against two Ohio companies doing business as Jericho Mortgage. The government said that from May 2003 the companies failed to pay the minimum wage rate, failed to pay overtime compensation for hours worked in excess of 40 a week and failed to maintain accurate records of the hours worked for 54 employees who worked as loan officers or sales managers.

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