Outten & Golden LLP has filed a nationwide class action lawsuit against Washington Mutual Bank ("WaMu") alleging that WaMu failed to pay its underwriters overtime pay as required by the federal Fair Labor Standards Act (FLSA) and NY state law. The case is called Aber-Shukofsky et al. v. JPMorgan Chases & Co et al., No. 10 Civ. 00226, and it is pending in the U.S. District Court for the Eastern District of New York. The plaintiffs are former underwriters who allege that they were deliberately misclassified as FSLA exempt so that WaMu could avoid paying them overtime compensation as required by law. The plaintiffs worked well in excess of 40 hours a week and received no overtime pay. Underwriters from California, Illinois, New York, and Washington have already joined the lawsuit.
Please email Jack A. Raisner or call (212) 245-1000 for more information.