in Newswire Published on May 22, 2017

Regions Financial Corporation, Subsidiary Hit with Unpaid OT Suit

Last Updated on May 8, 2018

Ratchford et al v. Regions Financial Corporation et al

Filed: May 22, 2017 ◆§ 2:17-cv-00100-WCO

Five plaintiffs claim in a proposed collective action that Regions Financial Corporation and subsidiary Regions Bank failed to pay mortgage loan originators overtime.

Defendant(s)

Regions Financial Corporation

Law(s)

State(s)

Georgia

Categories

Wage and Hour

Five lead plaintiffs claim in a proposed collective action that defendants Regions Financial Corporation and subsidiary Regions Bank failed to pay individuals working as mortgage loan originators proper overtime wages. The plaintiffs, all former employees, each claim they were regularly denied time-and-a-half hourly overtime pay owed under the Fair Labor Standards Act (FLSA) for all hours worked over 40 in a given workweek. The complaint notes the defendant employs roughly 700 mortgage loan originators at locations across 15 states.

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