Regions Bank Overtime Case Update

Posted on Mar 01, 2015

Case Update: March 2015

Kennedy Hodges is investigating overtime claims against Regions Bank.  Previously, Kennedy Hodges pursued an overtime lawsuit on behalf of mortgage loan originators who worked for Regions Bank.  The allegation was that Regions Bank required its mortgage loan originators to work substantial time without compensation.  If you are aware of anyone who experienced a similar situation, please feel free to contact us so that we can properly investigate his/her claim as well.  

Case Update: Regions Bank

Kennedy Hodges is investigating claims that affect Mortgage Loan Originators across the country.

Check back often for updates.  We answer these common questions below:

  1. What is the Regions Bank case about?                                        bank loan officer                 
  2. What are we claiming to recover?                                                  
  3. How do I join this case?
  4. Do I have to pay anything?
  5. Who is eligible to join the Regions Bank lawsuit?
  6. What time frame is covered?
  7. How do I prove how much I am owed?
  8. Will I be fired for joining this lawsuit?
  9. Which Locations are Included?
  10. How do I get more information about the Regions Bank case?

See below for Regions Bank FAQs.

1. What is the Regions Bank case about?     

Regions Bank loan officers have contacted us complaining about being forced to work substantial amount of time without pay.  The loan officers regularly worked more than 40 hours per week but do not receive overtime compensation for all of the hours worked over 40 in a week.  The employees who have contacted us have explained that other mortgage loan officers were paid under the same compensation system and should have the right to join the lawsuit to make a claim for back wages.  Regions Bank operates in more than 1,700 locations throughout the country. This is not the first time Regions Bank has been accused of not complying with the Fair Labor Standards Act, there have been several prior lawsuits against Regions Bank for unpaid overtime compensation. You may email your questions or comments to: [email protected] and [email protected].

2. What are we claiming to recover?

The employees seek to recover compensation for their unpaid overtime, liquidated damages, and attorney's fees as required by the FLSA for the past three years before this lawsuit was filed.

3. How do I join this case?

To make a claim under federal law, you must complete a consent form and return it to us for filing with the Court.

4. Do I have to pay anything?

We are handling this case on a contingency basis. This means we will only be paid if the lawsuit is successful in obtaining relief through either a settlement or a final judgment, and that payment will only come out of that settlement or final judgment. If we make no recovery for you, you owe us nothing. Our firm advances all of the case expenses and will request reimbursement only in the event we make a recovery for the employees.

5. Who is eligible to join the Regions Bank lawsuit?

This case will seek collective-action certification under the Fair Labor Standards Act. If granted, this means all other similarly situated Regions Bank employees may be able to recover unpaid overtime compensation.

6. What time frame is covered?

There is a federal statute of limitations in this case that allows you to recover pay for overtime hours worked within three (3) years of joining the lawsuit by completing a consent form and returning it to us.

7. How do I prove how much I am owed?

When the employer does not maintain accurate records of the hours you worked, courts permit the employee to make a good-faith estimate of hours worked. Here we will request records from the company and analyze them to help determine how much we claim you are owed. If you do have records, however, you should not throw them away.

8. Will I be fired for joining this lawsuit?

It is illegal for an employer to retaliate against you for joining this lawsuit. Retaliation can include: terminating you, changing your hours, reducing your pay, changing your position, or taking any other action in retaliation for joining this lawsuit. 

The law protects you from retaliation for asserting your rights and, if you suffer retaliation, you may be able to assert additional claims. If you currently work for Regions Bank and you feel you are the victim of retaliation for being in this lawsuit, contact us immediately so we may bring this to the attention of the Court. Our firm and the courts take claims of retaliation seriously.

9. Which locations are included?

The case is investigating wage violations throughout the United States.  Loan officers worked in states across the country including Alabama, Arizona, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Louisiana, Missouri, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia.

10. How do I get more information about the Regions Bank case?

If you would like more information that about this case, please contact the attorneys at our firm assigned to prosecute this case:

Galvin Kennedy

Don J. Foty

Toll Free: 1-855-947-0707