Wells Fargo Faces Certified Class of Mortgage Consultants

Feb. 7, 2019, 3:20 PM

Wells Fargo Bank N.A. must face a certified class of California mortgage consultants and bankers challenging the bank’s compensation plan, a federal court ruled Feb. 6.

The allegations are based on a common compensation plan applicable to all class members, making class certification appropriate, Judge Beth Labson Freeman wrote for the U.S. District Court for the Northern District of California.

The class includes about 4,500 employees.

James C. Kang sued his employer alleging numerous violations of California state wage and hour laws on behalf of its California-based mortgage sales force. Wells Fargo improperly “clawed back” hourly wages and vacation pay from earned sales commissions, he alleges.

Stevens L.C. and Haffner Law P.C. represented the workers.

Sheppard Mullin Richter Hampton LLP represented the bank.

The case is Kang v. Wells Fargo Bank, N.A., 2019 BL 39744, N.D. Cal., No. 17-6220, 2/6/19.

To contact the reporter on this story: Perry Cooper in Washington at pcooper@bloomberglaw.com

To contact the editors responsible for this story: Jo-el J. Meyer at jmeyer@bloomberglaw.com; C. Reilly Larson at rlarson@bloomberglaw.com

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