UBS Overtime Litigation: Wolf Haldenstein is lead counsel in the Action captioned LaVoice v. UBS Wealth Management Americas, et al., Case No. 11-cv-2308 (BSJ) (S.D.N.Y.). This Action was brought on behalf of Financial Advisors, Financial Consultants, Securities Brokers, and Financial Advisor Trainees of UBS Wealth Management Americas, UBS Group, and UBS AG ('UBS'). The Action alleges that UBS failed to pay its Financial Advisors for overtime that they worked in violation of the Fair Labor Standards Act ('FLSA'), a federal statute, and New York state wage and hour laws. The Action also alleged that UBS had improperly taken business expenses, such as the salary for financial assistants and errors in transactions with clients, from the wages of its Financial Advisors in violation of New York state wage and hour laws. Click the link to the right to see the complaint.
For further information about this case, please contact the Wolf Haldenstein attorneys who handle the case, Jeffrey Smith or Robert Abrams, at telephone (212) 545-4600, or via e-mail at Smith@whafh.com or Abrams@whafh.com.