How to Avoid Getting Caught in the Undertow of the Recent Class Action Tidal Wave
Lane Powell Shareholders Rudy Englund and Sarah Swale co-authored an article in the January/February 2013 issue of Washington Bankers Association’s (“WBA”) Issues and Answers magazine titled “How to Avoid Getting Caught in the Undertow of the Recent Class Action Tidal Wave.” In the article, Englund and Swale discussed the recent wave of wage and hour class action litigation, as well as various tips to help avoid class actions and investigations.
Recently, the banking industry has been confronted with a wave of wage and hour class action litigation under the federal Fair Labor Standards Act (“FLSA”) and its various state law counterparts. The magnitude of the cases range from multi-district litigation with thousands of potential class members, to smaller cases pending in local federal courts. In addition, the U.S. Department of Labor’s Wage and Hour Division has been conducting investigations in the banking industry that are aimed at recovering back wages for classes of aggrieved employees.