Rocket Mortgage Workers Reach $3.5 Million Deal in Overtime Case

Rocket Mortgage LLC and loan officers who say it stiffed them on overtime payments asked a federal judge to approve a settlement providing workers with up to $3.5 million.

The maximum deal amount includes up to $1 million in attorneys’ fees and court costs and ensures workers in the Fair Labor Standards Act collective receive at least $25 each, according to an agreement filed alongside the parties’ settlement notice in the US District Court for the District of Arizona.

The workers allege Rocket Mortgage didn’t properly calculate their regular rate of pay for overtime purposes and failed to pay them ...