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Conseco employees sue over overtime

Associated Press

MINNEAPOLIS -- A group of employees is suing Conseco Finance Corp. for failing to pay overtime wages.

The suit was filed this week in U.S. District Court in Minneapolis and comes six months after a federal judge ordered the company to change its ways for violating overtime laws.

The most recent lawsuit alleges that managers at the St. Paul-based company told employees to not record overtime hours on time sheets or to alter time sheets to reflect a 40-hour work week.

The suit could involve more than 2,000 existing and former loan originators at Conseco Finance, said Don Nichols, a labor lawyer who is representing the workers.

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In March, a federal judge ruled that about 2,200 current and former loan originators, who largely make loans over the telephone, were entitled to overtime pay after the company incorrectly classified them as exempt from federal overtime law.

Federal law says employers don't have to pay overtime to salaried workers in executive, administrative or professional jobs.

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