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World Finance

Diaz et al v. World Acceptance Group (d/b/a World Finance), and WFC Limited Partnership
Case No. 1:19-cv-00957 (Western District of Texas)

On September 30, 2019, a former branch manager filed an overtime lawsuit under the Fair Labor Standards Act on behalf of herself and others similarly situated against World Acceptance Corporation (d/b/a World Finance), and WFC Limited Partnership (collectively “World Finance”). The Complaint alleges that World Finance misclassified branch managers as exempt from overtime pay, but that their primary duties of selling loans to low income customers, and then spending hours every day trying to collect on those past due loans, was non-exempt work that made them eligible for overtime pay. The lawsuit seeks to include branch managers from locations across the country, and to recover unpaid overtime compensation, liquidated (double) damages, and other statutorily-permitted relief.

World Finance is one of the nation’s largest small-loan consumer finance companies offering short-term installment loans, medium-term larger installment loans, credit insurance, and tax preparation services, generally serving individuals with limited access to other sources of consumer credit.

Our firm is partnered with Charles Scalise of Ross Scalise Law Group, PC in Austin, Texas to represent the branch managers in this action.

Type of Case

Unpaid Overtime Wages

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Am I eligible?

You are eligible to make a claim in this case if you worked for World Finance as a branch manager at any time within the past three years in any state and were not paid an overtime premium for all of your overtime hours worked. 

Additional Information

Is This a Class Action? What Does that Mean?

This case is a potential collective action under federal law. The idea behind a collective action is to allow one or more people to sue on behalf of themselves and other people who have similar claims. We will be asking the court to certify this case as a collective action to allow people to proceed as a group with their overtime claims.

Which Locations Are Included?

This case seeks to include all branch managers that work or have worked for World Finance anywhere across the country within the past three years. 

How Do I Join This Case?

In order make a claim in this case for your unpaid overtime under the FLSA, you must complete a consent form and return it to our office. You can sign up online by clicking here.

What Time Frame Does This Case Cover?

There is a federal time limit, called a statute of limitations, that allows workers to recover unpaid overtime wages within two years of the worker signing up to join the lawsuit by completing and returning the consent form referenced above. If we can prove that World Finance willfully violated the law, the statute of limitations may be extended to three years.

Do I Have To Pay Anything?

You do not have to pay anything if you join the lawsuit. We are handling this case on a contingency basis. This means we will only be paid if the lawsuit is successful in obtaining relief either through a settlement, award, or a final judgment, and that payment will only come out of that settlement, award, or final judgment.

How Do I Prove I Worked Overtime?

If you have records of the hours you worked, please preserve and keep them until we ask you for them. However, you do not need to have records of your work hours to make a claim for your overtime pay in this case. If World Finance did not keep accurate time records, most courts will permit you to estimate your work hours. Through this lawsuit, we will seek any records the company may have of your hours worked as well.

What About Retaliation?

It is against the law for an employer to retaliate against a person for joining a lawsuit to reclaim unpaid wages. If you currently work for World Finance and you believe you may be the victim of retaliation for joining or participating in this lawsuit contact the case clerk, Jacob Skold, at jskold@nka.com or (612) 256-3226 immediately.

How Long Will This Case Take?

The length of this kind of lawsuit varies from case to case, but they typically last one to three years.

Is There Money Available Now?

No. This is a pending lawsuit. There is no money currently available and there is no guarantee that you will receive money for joining the lawsuit.

How Can I Help?

If you know any branch managers interested in making a claim for unpaid overtime, they should contact the case clerk, Jacob Skold, at jskold@nka.com or (612) 256-3226.  You can also direct them here to sign up electronically. There is strength in numbers. 

How Do I Learn More?

To learn more about this case, feel free to contact the case clerk, Jacob Skold, at jskold@nka.com or (612) 256-3226.

Case Updates

  • October 1, 2019

    World Finance Sued for Unpaid Overtime by Branch Managers

    On September 30, 2019, a former branch manager filed an overtime lawsuit under the Fair Labor Standards Act on behalf of herself and others similarly situated against World Acceptance Corporation (d/b/a World Finance), and WFC Limited Partnership (collectively “World Finance”). The Complaint alleges that World Finance misclassified branch managers as exempt from overtime pay, but that their primary duties of selling loans to low income customers, and then spending hours every day trying to collect on those past due loans, was non-exempt work that made them eligible for overtime pay. The lawsuit seeks to include branch managers from locations across the country, and to recover unpaid overtime compensation, liquidated (double) damages, and other statutorily-permitted relief.

    World Finance is one of the nation’s largest small-loan consumer finance companies offering short-term installment loans, medium-term larger installment loans, credit insurance, and tax preparation services, generally serving individuals with limited access to other sources of consumer credit.

    Michele Fisher, one of the plaintiff’s attorneys stated, “World Finance branch managers work long hours trying to meet demanding loan sales and debt collection goals set by the company. It is no surprise that so much of their time is spent trying to collect on past due loans, when the company targets low income people who cannot afford the loans they were sold.  We intend to hold World Finance accountable for paying its branch managers the overtime compensation they are owed for this work.”    

    Plaintiffs are represented by Charles Scalise of Ross Scalise Law Group, PC in Austin, Texas, and Michele R. Fisher and Jay E. Eidsness of Nichols Kaster, PLLP, which has offices in Minneapolis, Minnesota and San Francisco, California. The case is entitled, Diaz et. al. v. World Acceptance Corporation (d/b/a World Finance), and WFC Limited Partnership, Case No. 1:19-cv-00957 (Western District of Texas).

    Additional information about the case and how branch managers can make a claim can be found at www.nka.com or by calling Nichols Kaster, PLLP toll free at (877) 448-0492.

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