New York Securities Lawyer Blog
On July 26, 2024, the Federal District Court in Charlotte, NC, granted Plaintiffs’ motion for conditional certification of a Fair Labor Standards Act (“FLSA”) collective of Bank of America (“BOA”) loan officers, which allows them to pursue their unpaid overtime claims against BOA on a collective basis. The Court also authorized Plaintiffs to send a Notice to all the loan officers who are part of the FLSA collective informing them of the lawsuit and their right to join the lawsuit. The Court’s Order can be viewed here.
Lax & Neville files FLSA overtime collective and class action against Bank of America on behalf of Loan Officers
Lax & Neville LLP has filed a federal lawsuit in the Western District of North Carolina against Bank of America Corporation and Bank of America N.A. (“BOA”) on behalf of loan or mortgage officers who worked in locations across the country. The action for unpaid overtime and minimum wage is brought under the Fair Labor Standards Act (“FLSA”) and state labor statutes and seeks certification of an FLSA collective and class action. On February 29, 2024, Plaintiffs filed an Amended Complaint adding additional state law claims. The Amended Complaint can be viewed here.
If you are a current or former BOA loan or mortgage officer who would like to speak to Lax & Neville about this matter, please click here.