Countrywide to Settle Rosemead Call Center Employees Class Action

LOS ANGELES, CA — The parties in a class action lawsuit concerning overtime pay, meal breaks, and other wage and hour claims have reached a settlement. The settlement calls for Countrywide Home Loans, Inc. to pay $30 million to settle the claims of a class of approximately 400 account executives who worked at Countrywide’s California call center, during a seven-year period.

It covers claims for unpaid overtime wages, reimbursement of wage deductions, compensation for on-duty meal periods, attorneys’ fees and related items. Countrywide has also agreed to reclassify all of its California call center account executives as non-exempt from state and federal overtime and other wage and hour laws.

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