We are investigating claims by stockbrokers, financial advisors, and broker sales assistants of brokerage firms AG Edwards who claim they have been denied their overtime rights pursuant to Fair Labor Standards Act (FLSA) overtime pay requirements.
While most brokers work on commission only, and while commissions are an important part of any broker’s income, many prominent Wall Street firms have been demanding that brokers sell managed-money products that do not produce high financial returns, which in turn further reduce the income of hard working brokers.
As such, these employees may be eligible for overtime pay under the FLSA.
Send this case to a friend
Inquire about this case