NewRez LLC

SERVING THE GREATER PHILADELPHIA AREA AND BEYOND

This collective and class action lawsuit is going forward in the federal court located in Allentown, PA. The lawsuit seeks to recover unpaid overtime wages for all individuals employed by NewRez LLC within the past three years who have been paid an hourly wage plus additional "OTI Elig Bonus" compensation. The lawsuit alleges that NewRez failed to factor in payments classified in the Company’s payroll system as “OTI Elig Bonus” in calculating the rate at which overtime compensation was calculated for weeks in which employees worked over 40 hours. These “OTI Elig Bonus” payments were made to certain employees when, for example, they worked processing loans and received bonuses outside of the Company’s compensation system during the weekend. NewRez LLC denies that it violated any laws.

This lawsuit is pending, and the company has denied liability. Please do not hesitate to contact us if you have any questions about the lawsuit. We would be happy to answer your questions and provide you with additional information.