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Countrywide might have failed to pay overtime and provide meal and rest breaks to its Loan Processors and Loan Specialists as required by law.
Investigation Source
- Nationwide
Investigation Scope
Category Information
Investigation Topics
- Failure To Pay Overtime
- Failure To Provide Meal And Rest Periods
- Failure To Prompty Pay Upon Termination Of Employment
- Improper Maintence Of Employment Records
Product or Service
- Loan Processor, Loan Specialist or Loan Underwriter
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action against Countrywide alleging that Countrywide failed to provide its Loan Processors and Loan Specialists rest and meal periods The class action complaint further charges that Countrywide failed to provide Loan Processors and Loan Specialists with monies owed in a timely fashion upon the employees termination.
Further, the class action complaint asserts that Loan Processors and Loan Specialists were required to work in excess of 40 hours a week and were not paid overtime for all time worked in excess of 40 hours.
Finally, the class action complaint also asserts that Countrywide failed to keep proper records of employee work reords.
Further, the class action complaint asserts that Loan Processors and Loan Specialists were required to work in excess of 40 hours a week and were not paid overtime for all time worked in excess of 40 hours.
Finally, the class action complaint also asserts that Countrywide failed to keep proper records of employee work reords.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Countrywide Financial Corporation | Countrywide Financial Corporation originates, services and resells home loans. It is owned by Bank of America. |