Staff Appraisers Represented by Nichols Kaster, PLLP File Overtime Lawsuit Against Bank of America and Subsidiaries

On September 29, 2015,a current employee of LandSafe, Inc. filed a lawsuit in the United States District Court for the Southern District of New York, seeking overtime pay. He brought the case on behalf of Staff Appraisers (also known as Residential Appraisers) who worked for LandSafe, Inc. across the country.  In the complaint, he alleges that LandSafe, Inc. and LandSafe Appraisal Services, both subsidiaries of Bank of America, misclassified him and other Staff Appraisers as exempt employees, asserting that the work they perform does not fit under any of the exemptions from the law’s overtime pay requirements.

According to the complaint, “Defendants have classified (and continue to classify) their Staff Appraisers, including Plaintiff and those similarly situated, as exempt from FLSA and state wage and hour protections. In June 2014, the United States District Court for the Central District of California held that Defendants improperly classified its Staff Appraisers as exempt, holding that Defendants could not satisfy the Administrative Exemption or the Highly Compensated Exemption. Despite this adverse ruling, Defendants failed to reclassify their Staff Appraisers, choosing instead to willfully violate federal law by continuing to deny overtime payments to their Staff Appraisers.”

LandSafe, Inc. is a subsidiary of Bank of America that employs more than 500 Staff Appraisers to provide residential, single-family home and condominium appraisal services throughout the United States.

Plaintiff's attorney Matthew Helland stated, “a federal court in California ruled more than a year ago that Staff Appraisers at LandSafe and Bank of America are entitled to overtime. Those companies agreed to pay a very substantial settlement to resolve overtime claims for more than 300 appraisers, but they still refuse to pay overtime to Staff Appraisers. This case seeks wages for hundreds of appraisers who were not covered by the earlier case.”

Plaintiffs are represented by Matthew C. Helland and Daniel S. Brome from Nichols Kaster, PLLP, which has offices in Minneapolis, Minnesota and San Francisco, California. The case is entitled, Harris v. Bank of America et al. No.: 1:15-cv-07683 (Southern District of New York).

Additional information about how to make a claim in the case may be found at or by calling Nichols Kaster, PLLP toll free at (877) 344-4628.