• Home
  • News
  • CashCall, LoanMe Failed to Pay Proper Wages, Lawsuit Claims

CashCall, LoanMe Failed to Pay Proper Wages, Lawsuit Claims

A proposed class and collective action complaint alleges defendants CashCall, Inc. and LoanMe, Inc. violated the Fair Labor Standards Act (FLSA) and California laws by failing to pay individuals employed as loan counselors proper overtime wages. Loan counselors, the lawsuit says, are tasked with collecting outstanding debts from individuals who have loans with the defendants. The case claims the defendants paid loan counselors non-discretionary raises based on hitting certain collection goals, as well as “other forms of pay” not excludable under state and federal law when calculating employees’ overtime rates. Despite compensating loan counselors with incentive pay, the defendants allegedly failed to properly calculate proposed class/collective members’ regular rates of pay, which thereby resulted in the workers being underpaid for all hours worked over 40 in a week.

The case later alleges the defendants failed to authorize and permit certain employees to take third rest periods while working shifts that exceeded 10 hours.

Before commenting, please review our comment policy.

Stop H.R. 985

A reckless new bill represents an unprecedented threat to consumer rights, essentially gutting class action and mass tort litigation. Congress has tried to ram it through without us noticing. Read more about the implications of this bill, and contact your members of Congress to protect your rights.

Blog Categories

Sign Up For Our Newsletter

New cases and investigations, settlement deadlines, and news - straight to your inbox.

About ClassAction.org

ClassAction.org is a group of online professionals (designers, programmers and writers) with years of experience in the legal industry. We work closely with class action and mass tort attorneys across the country and help with investigations into corporate wrongdoing.