United States District Court for the District of New Jersey
Counsel: Joshua Boyette, Justin Swidler, Daniel Horowitz
On May 15, 2015, David Atis, a mortgage loan professional of Freedom Mortgage Corp. filed a federal lawsuit in United States District Court for the District of New Jersey asserting that Freedom Mortgage Corp. violated the Fair Labor Standards Act (“FLSA”), and the New Jersey Law Against Discrimination by failing to pay all overtime wages due. Specifically, the lawsuit asserts that Freedom Mortgage unlawfully misclassified mortgage loan professionals titled Assistant Vice Presidents of Sales (AVPs) as exempt from overtime, and did not pay them overtime wages for hours worked in excess of 40 in a workweek.
The Court granted final approval of the settlement on June 26, 2019.