NEW YORK, Dec. 11, 2009 (GLOBE NEWSWIRE) -- Pomerantz, Haudek, Grossman & Gross LLP ("Pomerantz") has filed an action against Washington Mutual Bank ("WaMu") alleging violations of federal and NY state labor laws concerning the payment of overtime compensation. The complaint also names JP Morgan Chase & Co. and JPMorgan Chase, NA (together, "JPMorgan Chase"), as a defendant in its capacity as the successor to WaMu's liability for the alleged misconduct.
The complaint alleges that WaMu failed to pay all overtime compensation due to plaintiffs that worked in excess of forty hours per work week. The federal claims, alleged under the Fair Labor Standards Act, are brought on a nationwide basis on behalf of a Collective Class of all non-exempt loan operations and/or loan fulfillment personnel at WaMu, including loan processors, underwriters, closing coordinators and all other back office staff involved in the processing of WaMu loan applications in the past three (3) years. The state claims are alleged on behalf of all individuals who were employed by WaMu in the State of New York in the past six (6) years in any of the positions described above.
Anyone who wishes to participate in the Collective Class must file a consent in writing pursuant to 29 U.S.C. Section 216(b). If you were employed by WaMu in the above capacity in the state of New York, or in any other State, and are interested in obtaining further information about the action, including a copy of the complaint, please contact Teresa L. Webb at (tlwebb@pomlaw.com) or 888.476.6529 (or 888.4-POMLAW), toll free. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
The Pomerantz Firm, with offices in New York, Chicago, Washington, D.C., Columbus, Ohio and Burlingame, California, is acknowledged as one of the premier firms in the areas of class action litigation, including corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members.