Offit Kurman

Owings Mills, MD 21117

Appeals panel: $10M arbitrator’s class award invalid; Arbitration should have involved 1, not 175 employees

By Dan Churney | Thursday, Oct 25, 2018 @ 11:37pm

A Chicago federal appellate court has struck down a $10 million arbitration award to loan officers in a class action against Waterstone Mortgage, which alleged the company shorted officers on overtime pay, saying arbitration should only have involved the plaintiff, not another 174 employees who joined the action.
Judge backs recused judge's decision to OK loan officers' wage class action vs American Bank & Trust

By Cook County Record | Monday, Sep 10, 2018 @ 11:06pm

A federal judge has confirmed another recused judge's decision earlier this spring to refuse to end a class action brought by a group of bank loan officers, who accused their employer, American Bank and Trust, of shorting them wages and commissions.
Federal judge to allow class action vs Bridgeview Bank over loan officer OT pay

By Scott Holland | Thursday, Dec 29, 2016 @ 3:35pm

A Chicago federal judge has signed off on an order certifying a class of plaintiffs suing Bridgeview Bank for not properly paying its loan officers.