General World News

Judge approves Rocket’s $3.5M settlement over unpaid employee overtime

A judge in Arizona has approved a $3.5 million settlement agreement between Rocket Mortgage and current and former employees who alleged in a class-action-seeking lawsuit that the company did not provide sufficient overtime pay, according to court documents reviewed by HousingWire.  

U.S. District Court Judge Douglas L. Rayes mentioned in the decision that the agreement “was reached through arms-length negotiations with the assistance of a retired federal judge who served as a mediator.” In the order published on Wednesday, Rayes considered the settlement “fair and reasonable,” and he dismissed the Fair Labor Standards Act details ⇒

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