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Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.


Mortgage Employment Lawsuits
Third-Quarter 2011 Mortgage Litigation Index

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Employment lawsuits involving overtime, employment discrimination and employment contracts. Whistleblowers and WARN notice violation cases also.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to StoryLink to Story
Accredited Home Lenders, Inc.; James Moran; Jeffrey Walton; LSFV Accredited Investments, LLC; Lone Star Fund V L.P.; Hudson Advisors, LLC Patrick Derosa; Chris Schaub Superior Court of New Jersey n/a Employment suit dismissed against affiliates and subsidiaries of employer private equity fund pursuant to New Jersey WARN act relating to notice provided to laid off workers.  Derosa et al. v. Accredited Home Lenders, Inc. et al. No. L-3529-08 6/14/2011 www.mortgagedaily.com/litigationemployment092211.asp
Bank of America NA; Countrywide Financial Corp. U.S. Department of Labor n/a $930,000 Department of Labor ordered an employee to be reinstated after an improper firing. Countrywide allegedly fired the employee in retaliation for conducting internal investigation that discovered improper lending practices.  n/a n/a n/a www.mortgagedaily.com/litigationemployment092211.asp
Bank of the West; GSB Mortgage, Inc.  Susan Dooling et al. U.S. District Court for the Eastern District of Texas n/a Employment suit alleging mortgage company failed to pay hourly wages and overtime. Dooling et al. v. Bank of the West No. 4:!1-cv-00576-RAS-DDB 9/8/2011 www.mortgagedaily.com/litigationemployment092211.asp
Fifth Third Bank n/a U.S. District Court for the Southern District of Ohio n/a Class certification granted in suit alleging failure to pay hourly wages and overtime to loan officers. n/a n/a 8/31/2011 www.mortgagedaily.com/litigationemployment092211.asp
Premium Capital Funding d/b/a/ Top Dot Mortgage, Inc. Daniels et al.  U.S. District Court for the Eastern District of New York $9,000,000 Fair Labor Standards Act class action lawsuit settled for $9 million in unpaid wages and overtime Daniels et al. v. Premium Capital Funding LLC n/a n/a www.mortgagedaily.com/Mctlawsuittopdot092711.asp
Prospect Mortgage LLC Elizabeth Sliger U.S. District Court for the Eastern District of California n/a Class certification granted in suit alleging failure to pay hourly wages and overtime to loan officers. Sliger et al. v. Prospect Mortgage LLC No. 2:11-cv-00465 8/24/2011 www.mortgagedaily.com/litigationemployment092211.asp
Prosperity Mortgage Co.  Harold Myles U.S. District Court for the District of Maryland n/a Employment suit alleging mortgage company failed to pay hourly wages and overtime. Myles et al. v. Prosperity Mortgage Corp. No. 1:11-cv-01234 5/24/2011 www.mortgagedaily.com/litigationemployment092211.asp
Sovereign Bank n/a U.S. District Court for the Eastern District of Pennsylvania n/a Defendant bank filed a successful motion to arbitrate class action suit alleging failure to pay hourly wages and overtime. n/a n/a n/a www.mortgagedaily.com/litigationemployment092211.asp
Tanya L. Blackwell Ally Financial Inc. U.S. District Court for the Eastern District of Pennsylvania n/a Employer sues ex-employee for stealing confidential information of borrowers while working as a foreclosure defense attorney as well. Ally Financial, Inc. v. Blackwell No. 11-cv-4694 7/26/2011 www.mortgagedaily.com/litigationemployment092211.asp
George Mason Mortgage, LLC; Alicia S. King; James Podratsky; Michael Rogers; Amber Wright; Samantha Dogan; Donna Hale SunTrust Mortgage, Inc. U.S. District Court for the Eastern District of Virginia n/a Suntrust sued six of its former employees for diverting its "business opportunities" to Fairfax-based George Mason Mortgage.  Defendants allegedly used SunTrust resources to secure loans and then routed those materials to their co-conspirators at George Mason, where the loans were closed. SunTrust Mortgage, Inc. v. George Mason Mortgage, LLC 1:2011cv00830 8/5/2011 www.mortgagedaily.com/MctLawsuitSuntrust081711.asp 
Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.


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