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    /24-7PressRelease/ - LOS ANGELES, CA, September 22, 2005 - Several leading California Employment Law attorneys wish to inform commissioned salespeople, such as Stock and Commodities Brokers of the current employment laws regarding unpaid overtime.

Based on the California Employment Law passed in 2000, Stock and Commodities Brokers may be entitled to back pay for overtime and meal/rest break violations. Typically Stock and Commodities Brokers are compensated entirely on a commission basis and work well over 40 hours per week. These brokers may qualify for overtime pay if the employer cannot meet both the duty and salary test requirements.

Some commodities companies which may be involved in these practices include Charles Schwab, Ameritrade, Discover Brokerage, DLJ Direct, E*Trade, Brown and Company, A.G. Edwards, Solomon Smith Barney, and others.

California Employment Law Specialists note that under the applicable laws, even a single employee can bring a class or collective action lawsuit on behalf of all "similarly situated" plaintiffs working in the same company. To strengthen these claims, the U.S. Labor Commission and the U.S. Supreme Court has ruled that brokerage houses are not exempt from overtime laws.

Several leading legal professionals, in association with LawyersandSettlements.com, urge brokers to learn more about the current overtime and employment laws and submit their case for a free legal evaluation at: https://www.lawyersandsettlements.com/case/overtime_brokers?ref=overtime_brokers_pr

About Online Legal Services Ltd (OLS) and www.lawyersandsettlements.com
OLS is a privately held internet marketing company that specializes in joint advertising campaigns for lawyers and law firms. Lawyersandsettlements.com offers a comprehensive website with up-to-date information on legal news, class action lawsuits, personal injury cases, settlement details, product recalls, and more. Consumers can complete free case evaluations and subscribe to free newsletters.


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Press Release Keywords:

• action, broker, california, class, commodities, federal, labor, law, lawsuit, mandatory, new, overtime, pay, regulation, rule, securities, stock

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