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A pleasant surprise for loan companies --- mortgage loan officers found to be exempt from overtime

Fox Rothschild LLP
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USA
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March 21 2011

On March 17, 2011, a Michigan jury returned a verdict in favor of loan company, Quicken Loans Inc. in a class action lawsuit alleging that Quicken had failed to pay them overtime under the Fair Labor Standards Act (“FLSA”

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A pleasant surprise for loan companies --- mortgage loan officers found to be exempt from overtime

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