Litigation Status Page
Updated February 3, 2010
General Information About the Overtime Lawsuit Against BBVA Compass Bank
What Is The Overtime Lawsuit About?
On February 2, 2012, a federal lawsuit was filed seeking the recovery of unpaid overtime wages for Mortgage Banking Officers ("MBOs") who worked for BBVA Compass Bank ("Compass") between February 2, 2009, and the present.
The lawsuit contends that Compass "misclassified" MBOs (those individuals selling mortgage loans to Compass Bank customers) as exempt from the applicable overtime laws and did not pay overtime to MBOs until the company reclassified its MBOs in April 2011. The suit alleges that MBOs were not paid overtime pay for the hours they worked in excess of 40 hours per week. Rather, the Plaintiff contends the company paid MBOs on a commission basis which did not pay overtime pay for overtime work and that such a pay plan is in violation of the federal overtime law.
The lawsuit further contends that even after Compass reclassified its MBOs in April 2011 and made them eligible to receive overtime pay, the company failed to accurately track the actual work hours of MBOs who were systematically underpaid for their actual hours of work.
The Plaintiff and those who have joined the suit thus far contend the company's pay plan deprived them of thousands of dollars in unpaid overtime wages, double damages, attorneys’ fees and costs.
The lawsuit has been filed as collective action which would allow other MBOs to participate if they so desire. You can participate in the case by returning the Consent Form.
The lawsuit contends that Compass "misclassified" MBOs (those individuals selling mortgage loans to Compass Bank customers) as exempt from the applicable overtime laws and did not pay overtime to MBOs until the company reclassified its MBOs in April 2011. The suit alleges that MBOs were not paid overtime pay for the hours they worked in excess of 40 hours per week. Rather, the Plaintiff contends the company paid MBOs on a commission basis which did not pay overtime pay for overtime work and that such a pay plan is in violation of the federal overtime law.
The lawsuit further contends that even after Compass reclassified its MBOs in April 2011 and made them eligible to receive overtime pay, the company failed to accurately track the actual work hours of MBOs who were systematically underpaid for their actual hours of work.
The Plaintiff and those who have joined the suit thus far contend the company's pay plan deprived them of thousands of dollars in unpaid overtime wages, double damages, attorneys’ fees and costs.
The lawsuit has been filed as collective action which would allow other MBOs to participate if they so desire. You can participate in the case by returning the Consent Form.
Am I Eligible to Join This Case and How Do I Join It?
If you worked as Mortgage Banking Officer for Compass Bank at any time between February 2, 2009, and the present, and you worked more than 40 hours in any week without proper overtime pay, you are eligible to join in this case.
To join this action and be represented by the lawyers who initiated the case, you need to complete and return the Consent Form.
Click here for your Consent Form.
Because these are overtime lawsuits brought under federal law, you must consent to participate in order tobe included in any possible recovery.
If you do not filed a Consent Form, you will not be eligible to recover unpaid wages that might be paid pursuant to any judgment or settlement of this lawsuit. More importantly, until a Consent Form is filed for you, the statute of limitations continues to run and your claim may be eroding daily.
To join this action and be represented by the lawyers who initiated the case, you need to complete and return the Consent Form.
Click here for your Consent Form.
Because these are overtime lawsuits brought under federal law, you must consent to participate in order tobe included in any possible recovery.
If you do not filed a Consent Form, you will not be eligible to recover unpaid wages that might be paid pursuant to any judgment or settlement of this lawsuit. More importantly, until a Consent Form is filed for you, the statute of limitations continues to run and your claim may be eroding daily.
Can I Be Retaliated Against for Joining this Case?
No. If you have come to this site, it is likely because you want to get more information about the current lawsuit. One of the questions we get most often is whether or not the company can retaliate against you for joining the case. The short answer is this:
THE COMPANY CANNOT RETALIATE AGAINST YOU FOR JOINING THIS CASE.
Retaliation for joining this suit is illegal and we have no reason to believe the company would try to engage in retaliation against either current or former employees who participate in the case. If you have any questions about this issue, please Contact Us.
THE COMPANY CANNOT RETALIATE AGAINST YOU FOR JOINING THIS CASE.
Retaliation for joining this suit is illegal and we have no reason to believe the company would try to engage in retaliation against either current or former employees who participate in the case. If you have any questions about this issue, please Contact Us.
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