Business NewsMarketWire • Loan Officers Represented by Nichols Kaster, PLLP Seek Overtime Wages From Cascade Mortgage, Inc.

Loan Officers Represented by Nichols Kaster, PLLP Seek Overtime Wages From Cascade Mortgage, Inc.

Loan Officers Represented by Nichols Kaster, PLLP Seek Overtime Wages From Cascade Mortgage, Inc.

MINNEAPOLIS, MN--(Marketwire - January 13, 2011) - On January 12, 2011, Robert Clausen, a former mortgage consultant for Minneapolis-based Cascade Mortgage, Inc., initiated a class action lawsuit in federal court seeking unpaid overtime and minimum wages from the company. He alleges that Cascade Mortgage, Inc. misclassified him and other mortgage consultants as exempt from the overtime and minimum wage requirements of the Fair Labor Standards Act and Minnesota state law, and as a result, failed to pay them proper compensation.

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Loan Officers Represented by Nichols Kaster, PLLP Seek Overtime Wages From Cascade Mortgage, Inc.