Mortgage lender loanDepot recently became the target of a lawsuit filed by a group of former California employees who have complaints about the company’s work conditions.
The lawsuit was filed on December 23 in the Superior Court of the State of California for the County of Orange by about 40 former loanDepot employees, including loan officers, processors, underwriters, loss mitigation and foreclosure specialists.
The group is accusing the company of failing to pay minimum and overtime wages; provide meal and rest periods; reimburse work-related expenses; provide accurate wage statements; pay wages upon termination; or maintain records of hours worked and earned.
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