This website provides information about a proposed settlement of a class action lawsuit concerning all individuals who were employed as Home Mortgage Consultants (“HMCs”), Mortgage Consultants (“MC”) and/or Private Mortgage Bankers (“PMBs”)(collectively “Loan Officers”) in the state of Illinois between August 29, 2008 and March 26, 2011 (“Class Members”) excluding Loan Officers who opted-in to the MDL Action.
what the case is about
On or about August 29, 2011, Plaintiff Dylan Hoffman (“Named Plaintiff” or “Class Representative”) filed this class action Lawsuit in the United States District Court for the Northern District of Illinois (Case No.1:11-cv-06011) on behalf of himself and other current and former Loan Officers who worked for Defendant at any time within the three years prior to the filing of this Lawsuit. The Lawsuit alleged that Defendant violated the Fair Labor Standards Act (“FLSA”), the Illinois Minimum Wage Law (“IMWA”), and the Illinois Wage Payment and Collection Act by improperly designating Loan Officers as “exempt” from overtime pay. The Lawsuit seeks overtime pay and other relief on behalf of these Loan Officers. Defendant denies these allegations and denies that it violated the law in any way.
Important deadlines
November 10, 2015
Last day to file a Claim Form to participate in the Settlement
Last day to file a request for exclusion from the Settlement
Last day to file an objection to the Settlement
December 4, 2015
Final Fairness Hearing