General World News

Former LO sues Celebrity over unpaid salaries in class-action lawsuit

Illinois-based mortgage lender Celebrity Home Loans and its parent company Celebrity Financial, Inc. are the target of a class-action-seeking lawsuit. 

A former employee is suing the companies, alleging they “abruptly terminated hundreds of its employees” without giving legally required 60-day advance notice as required by the Worker Adjustment and Retraining Notification Act (WARN Act). 

In addition, plaintiff Michael Blake, a loan officer who worked at Celebrity for five years until his termination in early February, claims the companies failed to timely pay wages, commissions, and financial compensation in violation of the Illinois Wage Payment and Collection Act

The lawsuit details ⇒

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