News & Analysis as of

Fair Labor Standards Act (FLSA) Financial Adviser

BakerHostetler

Who Decides the Availability of Class Arbitration? Second Circuit’s Analysis Is a Bit Murky in Wells Fargo Advisors Cases

BakerHostetler on

For years, courts have struggled with who decides the availability of class arbitration and the applicable standards. We most recently addressed the thorny issues in a March 23, 2016, blog post. Unfortunately, a recent Second...more

Fox Rothschild LLP

New Jersey Federal Court Finds Financial Advisers Exempt as Administrative Employees: A Trend?

Fox Rothschild LLP on

The issue of the exempt status of financial services employees has been explored in numerous cases for many years and in different parts of the country. Now, there is a new chapter to add to this saga. On February 28, 2017,...more

Seyfarth Shaw LLP

Advising On Their Own: Financial Advisors’ Class Claims Defeated

Seyfarth Shaw LLP on

Employers have a new tool for opposing conditional and class certification of overtime claims by financial advisors and other exempt employees—last week, a judge in the District of New Jersey denied conditional and class...more

Proskauer - Law and the Workplace

Financial Advisors Not Entitled To Overtime, California Court Confirms

In its February 16, 2017 decision in Tsyn v. Wells Fargo Advisors, LLC, Case No. 14-cv-02552-LB, the federal district court for the Northern District of California confirmed that licensed financial advisors qualified for the...more

4 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide