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Loan Originators Say They Worked As Employees, Got Paid Far Less

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Case ID: 3794 | Employment | 10/18/2004

A class action lawsuit has been filed on behalf of loan originators at Kansas based Bank of Blue Valley, Inc. The loan originators claim that they were supervised, treated, and controlled in the same manner as employees, and required to work hours far in excess of 40 per week. Notwithstanding this, the originators claim, they were paid as independent contractors on a commission basis and the amounts paid were far less than what would be required for employees, for straight pay and overtime, under federal labor laws. The loan originators seek back pay and other damages.

The amount at issue in the case is alleged to exceed a quarter of a million dollars.


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