$97 Million Dollar Judgement to Wells Fargo Employees for Unlawful Rest Breaks
$97 Million Dollar Judgement to Wells Fargo Employees for Unlawful Rest Breaks
On May 8, 2018, the Central District of California awarded more than $97 million to home mortgage consultants and private mortgage bankers employed by Wells Fargo that were denied rest breaks between 2013 and 2017. The court found that Wells Fargo was not only liable for wages owed based on their workers’ hourly rate, but also based on the commissions and other nondiscretionary pay earned when the violations took place. This decision is significant as the consultants and bankers will nearly quadruple their recovery from Wells Fargo, raising their total damages from $24.5 million to $97 million.
California State law provides that an employer must permit employees to take a rest break of 10 minutes for every 4 hours worked. If an employer fails to provide an employee with a rest break, the employer shall pay the employee one additional hour of pay at an employee’s regular rate of compensation. Workers who believe that they are not being provided proper rest breaks, or are subject to other workplace violations, should seek legal counsel to analyze their potential legal claims.
Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.
Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.
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