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$44,000,000.00 Settlement Misclassified Stock Brokers

$44,000,000 Settlement — Misclassified Stock Brokers

A group of stock brokers were misclassified as exempt employees, causing them to miss out on overtime pay, meal breaks, and other required wage and hour protections. Our firm investigated the misclassification, established the scope of unpaid wages, and negotiated a $44 million settlement on the workers' behalf.

What This Means for You

If you've been classified as exempt and believe you're owed overtime or missed meal and rest breaks, you may have a claim. Employee classification directly affects your right to overtime pay, breaks, and other protections under California law.

Contact Kingsley Szamet Employment Lawyers to find out if you've been misclassified.

Eric Kingsley

Eric Kingsley

Eric B. Kingsley is a partner at Kingsley Szamet Employment Lawyers in Los Angeles. A leading California employment attorney with nearly 30 years of experience, Eric and his firm have recovered more than $300 million in verdicts and settlements for workers. He has successfully handled over 150 class actions involving wage and hour violations, wrongful termination, workplace discrimination, and harassment. Eric holds an AV Preeminent rating, is a “Best in Law” Award winner, a Consumer Attorneys of California Presidential Award of Merit recipient, and a multi-year Super Lawyer recipient.

We Hold Employers Accountable - Get Help Now

You do not have to go through this alone. Contact our Los Angeles Employment law firm for a free case evaluation. We represent our clients on a contingency fee basis, which means that you do not pay any fees unless you win or recover compensation, and you will never have to pay out-of-pocket. California-only. We are unable to help those outside of California. Call (818) 990-8300

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