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On November 2, 2011, we filed a lawsuit against Defendant, Fifth Third Bank, on behalf of loan officers seeking to recover unpaid overtime compensation for time worked in excess of 40 hours per week. The lawsuit charges that Fifth Third Bank violated Illinois law by deliberately failing to keep complete and accurate time records and failing to pay wages earned as required by the Illinois Minimum Wage Law ("IMWL") and the Illinois Wage Payment and Collection Act ("IWPCA").
Plaintiff alleges that hundreds of Loan Officers working for Fifth Third Bank in Illinois were victimized by Fifth Third Bank's unlawful practices.
Under the IMWL and IWPCA, employees are entitled to wages for all hours worked and time-and-a-half pay for each hour over 40 hours worked in a workweek, unless they are exempt from the Act. These laws also require employers to maintain accurate records of hours actually worked by its employees.
In this case, Plaintiffs allege they were misclassified as exempt employees and were deprived overtime pay when they worked more than 40 hours per week. Plaintiffs allege that Loan Officers often worked overtime hours in excess of 40 per week selling residential loans and performing other work for Fifth Third Bank.
If you worked for Fifth Third Bank and would like more information about your rights, please Contact Us. |
