CINCINNATI, OH--(Marketwire - February 15, 2011) - On February 11, 2011 a class action lawsuit was filed in the Southern District of Ohio to recover overtime wages for loan officers employed by Fifth Third Bank. According to the Complaint, Fifth Third classified its loan officers as exempt from overtime pay, paying them on a draw plus commissions basis. The complaint further alleges that Fifth Third Bank recently reclassified its loan officers to non-exempt and began paying overtime wages.
Fifth Third Bank is headquartered in Cincinnati, Ohio and employs more than 20,000 workers in twelve states. Attorney Tim C. Selander of Nichols Kaster, PLLP stated, "It is our position that Fifth Third violated the overtime laws by failing to pay its loan officers overtime wages when they worked more than forty hours in a week. Although the company apparently changed its policy and now pays overtime, it still owes its current and former loan officers for the hours they worked prior to the change. Our goal is to help these employees recover their pay."
The group is represented by Matthew H. Morgan and Tim C. Selander of Nichols Kaster, PLLP in Minneapolis, Minnesota and Sheila M. Smith of Freking & Betz, LLC in Cincinnati, Ohio. Additional information about the case can be found at www.nka.com or by contacting Nichols Kaster, PLLP toll free at (877) 344-4628.
