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Bank of America may have failed to properly reimburse its "Mortgage Loan Officers" for business related expenses including cell phone usage, entertainment expenses and mileage.
Investigation Source
- California
Investigation Scope
Category Information
Investigation Topics
- Failure To Pay Overtime
- Failure To Provide Meal And Rest Periods
- Failure To Pay Business Expenses
Product or Service
- Loan Officers or Mortgage Loan Officers
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action lawsuit against Bank of America on behalf of all California employees with the job title "Mortgage Loan Officers" who were or are still employed by Bank of America.
The class action complaint alleges that Bank of America violated various California state laws including the California Labor Code and the Business & Professions Code by failing to reimburse its Mortgage Loan Officers for certain business expenses including cell phone usage, entertainment expenses and mileage.
The class action complaint alleges that Bank of America violated various California state laws including the California Labor Code and the Business & Professions Code by failing to reimburse its Mortgage Loan Officers for certain business expenses including cell phone usage, entertainment expenses and mileage.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Bank of America N.A. (BAC) | Bank of America N.A. is one of the largest banks in the world offering a complete menu of financial services to consumers and businesses worldwide. |