Broker Joseph Blood is suing Citigroup for unpaid overtime wages, according to the Boston Globe.
Blood said he was not given overtime pay, as he claims is required by the US Fair Labor Standards Act. Under that law, nonexempt employees must be paid time-and-a half after working more than 40 hours in a week.
Boston lawyer Shannon Liss-Riordan, who represents Blood, said her client typically began working at 7 a.m. and left the office at 9 p.m. on weekdays.
He also worked half-days on weekends, she said. ''Financial consultants work a tremendous amount of hours," she said. ''The impact on family life is huge."
Welcome to the next great American labor movement. Rise up financial professionals. You have nothing to lose but your chains.
Broker denied overtime sues Smith Barney [Boston Globe via Under The Counter]